EIB Plans at Least €30 Billion for Climate Adaptation
The European Investment Bank plans to invest at least €30 billion in climate adaptation projects before the end of the decade, double its previous five-year investment-plan target.
The European Investment Bank on Thursday said it planned to invest at least €30 billion ($33.6 billion) before the end of the decade on projects to help adapt to the impact of climate change.The new target, double the one in its previous five-year investment plan, comes ahead of the COP31 climate t…