Preparing the ground for adaptation Assessing risks and vulnerabilities to climate change Identifying adaptation options Assessing adaptation options Implementation Monitoring and evaluation

Preparing the ground for adaptation

European Investment Bank (EIB)

The European Investment Bank (EIB) defines under its priority on Climate Action funding for projects to cut greenhouse-gas emissions but also for those which help adapt to climate change.

The EIB invests, provides technical and financial expertise and blends funding from other sources on projects such as:

  • Renewable energy generation and promotion
  • Rational energy use
  • Energy efficiency technology
  • Sustainable public and private transport
  • Water: efficient supply and management
  • Recycling
  • Forestry: acting as carbon sinks and combatting soil erosion
  • Research, development and innovation

Loans are the main source of backing for climate action projects.

Climate action is also supported via the joint EIB/European Commission initiatives such as:

  • ELENA(Maximising investment in sustainable energy)
  • JEREMIE(Flexible SME funding)
  • JESSICA(Supporting urban development)
  • JASPERS(New EU members' infrastructure project advice)

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