Category: EIB

The European Investment Bank is launching a project to increase the Climate Resilience of their Investment Projects

The European Investment Bank is launching a project to increase the Climate Resilience of their Investment Projects

The European Investment Bank (EIB), the bank of the European Union and a leader among international finance institutions in the climate change realm, has commissioned Willis Tower Watson, together with AFRY, the Finnish Meteorological Institute and adelphi to undertake a project titled “Climate Resilience in Investment Projects”. This project aims to build resilience to climate change for EIB projects and increase support for investment in adaptation.

More precisely, the project aims to increase the knowledge, skills and tools required to make projects more resilient to climate change and to identify a larger portfolio of adaptation opportunities in support of the EIB Climate Strategy and the Paris Agreement.

The project has two components:

Component 1: capacity building on climate resilience, and;

Component 2: climate risk management in investment projects.

The project began in May 2021 and will last for two years. The first component will develop the EIB’s capacity on climate resilience and support climate risk assessments at the project level. The second component will support the assessment of physical climate risks and the identification of adaptation measures at the project level.

For more information, please contact Cinzia Losenno at c.losenno@eib.org


Cover photo by Brad Knight on Unsplash.