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EIB Doubles Climate Adaptation Funding to 30 Billion Euros

The European Investment Bank plans to invest at least 30 billion euros by the end of the decade in projects to help adapt to climate change impacts. The initiative precedes the upcoming COP31 climate talks and aims to bolster resilience against extreme weather across vulnerable regions.

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President of the European Investment Bank Nadia Calvino speaks during the Reuters NEXT Europe 2026 summit, bringing together global leaders on policy, markets, and industry to address key global challenges, in London, Britain, June 16, 2026. REUTERS/Chris J. Ratcliffe

The European Investment Bank will invest at least €30B ($33.6B) by 2030 on climate adaptation projects. The new commitment doubles the target from its previous five-year investment plan. The announcement comes ahead of the upcoming COP31 climate talks in Turkey.
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