Tag Archives: climate resilience

EIB Approves €5.3 Billion for Climate Resilience, Urban Innovation, and Business Growth

(IN BRIEF) The European Investment Bank (EIB) has approved €5.3 billion in new funding to enhance climate resilience, urban development, and business innovation across Europe and beyond. The investments include €3.5 billion for smart city projects and sustainable infrastructure, €1.4 … Read the full press release

AFRY Leads Innovative Climate Resilience Study on Ischia, Presented by EIB

(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release

Banking on Climate Resilience: BIS and MAS Launch Project Viridis to Navigate Financial Risks

(IN BRIEF) Project Viridis, a collaborative effort between the Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS), introduces a groundbreaking blueprint for integrating regulatory frameworks with climate data to address climate-related financial risks. The initiative, outlined … Read the full press release

EBRD Commits €65.9 Million to Enhance Infrastructure and Climate Resilience in Kyrgyz Republic

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged €65.9 million in sovereign loans and grant funding to improve the electricity and water supply systems in the Kyrgyz Republic, addressing critical infrastructure and climate resilience needs. The … Read the full press release

VINCI Highways Invests in Climate Resilience: Enhancing Lima’s Expressways to Mitigate El Niño Flooding

(IN BRIEF) VINCI Highways, operating through its subsidiary Lima Expresa, is undertaking infrastructure improvements to enhance the resilience of two expressways in Lima, Peru. The project aims to mitigate the risk of flooding, especially during the El Niño phenomenon. The … Read the full press release

Insurance Industry Urged to Focus on Climate Resilience and Adaptation

Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) Nicola Ranger, Leader of the Resilience and International Development Program at the Environmental Change Institute, and Sibylle Steimen, Managing Director of Advisory & Services at Allianz Re, advocate for increased attention to climate resilience and adaptation. They emphasize … Read the full press release

European Investment Bank Launches Landmark Water Investment in Djibouti for Enhanced Access and Climate Resilience

(IN BRIEF) The European Investment Bank (EIB) has announced its first-ever water investment in Djibouti. This transformative project, part of the Global Gateway initiative, will significantly improve water access, enhance climate resilience, and provide clean drinking water to over 555,000 … Read the full press release

EBRD Charts Course for Croatia’s Green Economy Transition and Competitiveness

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a five-year strategy for investment in Croatia. The strategy focuses on supporting competitiveness through innovation and good governance, accelerating Croatia’s transition to a green economy, and enhancing resilience … Read the full press release

EBRD Boosts Turkish Transition to Green Economy with €25M Loan to GarantiBBVA Leasing

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €25 million loan to GarantiBBVA Leasing in Türkiye to support lending to businesses for energy efficiency and renewable energy projects. The loan will provide lease financing to … Read the full press release

EBRD seeks to increase the volume of green financing to 40 per cent of EBRD annual investment by 2020

Development finance institutions share their experience at COP24 LONDON, 06-Dec-2018 — /EuropaWire/ — Climate change impacts are high on the international agenda. From severe wildfires in California and Greece to devastating floods in Kerala, these impacts have dominated headlines this year. Both … Read the full press release