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Bulgaria gets €250 million EIB loan to co-finance EU-backed projects
The European Investment Bank (EIB) is lending Bulgaria €250 million to co-finance EU-backed projects and accelerate development in areas ranging from energy efficiency and water to transport and research. The loan is for projects that will strengthen the Bulgarian economy, bolster competitiveness and enhance the country’s quality of life.
Half of Bulgarian respondents consider climate adaptation a national priority, EIB survey shows
Most Bulgarian respondents recognise the need to adapt their lifestyle due to the effects of climate change, according to the annual Climate Survey commissioned by the European Investment Bank (EIB). Among the challenges facing their country, Bulgarian respondents ranked climate change fifth, after political instability, cost of living, unemployment and access to healthcare. Many believe that investing in adaptation now will prevent higher costs in the future.
G7 financial institutions team up for sustainable food systems
G7 Public Development Banks (PDBs) and Development Financial Institutions (DFIs) are joining forces to enhance food security and sustainable agriculture in emerging markets. Through a new coordination mechanism set up by Italy’s Cassa Depositi e Prestiti (CDP), the Group of Seven PDBs and DFIs are teaming up in the “Collaborative on Sustainable Food Systems”.