Kristiina Randmaa
- European Investment Bank
- Communication Department
- 98-100, Boulevard Konrad Adenauer
- L-2950 Luxembourg
- Luxembourg
Among the challenges facing their country, Estonian respondents only ranked climate change eighth. Nevertheless, they recognise that climate adaptation has to be considered important, if not a priority, in the years to come. More than four in five people in Estonia agree that investing in climate adaptation now is necessary to avoid higher costs in the long run, according to the annual Climate Survey commissioned by the European Investment Bank (EIB).
The European Investment Bank (EIB) gave the go-ahead for €400 million in financing for the Republic of Estonia to support green and digital investments in the country. The financing is the second and final tranche of a €700 million EIB loan to bolster the Estonian economy.
The European Investment Bank (EIB) has announced a record year of financing for projects in Estonia in 2023, with a total investment of €540 million. This represents a significant increase from 2022, and EIB Group financing in the country over the past five years now totals almost €2 billion.