Where Public Capital is Pointing on Climate Adaption
The European Investment Bank (EIB) Group has committed to provide at least €30 billion for climate adaptation by 2030, double its adaptation financing over the previous five years, with the need to help with increased risk of heatwaves, droughts, wildfires and floods. The EIB's president, Nadia Calviño, put the logic plainly: every euro invested in prevention and adaptation saves 10 euros in damag