Climate

Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

European Investment Bank (EIB) Group President Nadia Calviño will participate in the United Nations Climate Change Conference (COP29) taking place in Baku, Azerbaijan from 11 to 22 November 2024. Together with fellow heads of multilateral development banks (MDBs) as well as government and business leaders, President Calviño will present new initiatives and projects to accelerate global climate action. She will be accompanied by EIB Vice-Presidents Ambroise Fayolle and Teresa Czerwińska.

Austrian 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, Austrian respondents ranked climate change third, after the cost of living and large-scale migration. Many believe that investing in adaptation now will also prevent higher costs in the future.