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Description

The EIB is the European Union's bank. The bank is owned by and representing the interests of the European Union Member States. It works closely with other EU institutions to implement EU policy.  The European Investment Bank is one of the world’s main financiers of climate action. In 2020, the European Investment Bank provided €24.2 billion to fight climate change, which is 37% of all its financing.

In the area of climate adaptation main investments are made in projects that anticipate the adverse effects of climate change and take appropriate action to prevent or minimise the resulting damage. For example, such investments include projects that:

  • reduce the risk of floods,
  • develop resilient cities,
  • increase afforestation.

Reference information

Websites:
https://www.eib.org/en/about/priorities/climate-action/index.htm

Published in Climate-ADAPT: Jun 7, 2016

Date of creation:

2016

Keywords:
financing, loan
Climate impacts:

Non specific

Adaptation Approaches:

Adaptation Measures and Actions

Sectors:

Buildings, Coastal areas, Energy, Financial, Urban, Water management

Geographic characterisation:

Europe

Countries:

Albania, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland

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Exclusion of liability
This translation is generated by eTranslation, a machine translation tool provided by the European Commission.