Greece

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

Nearly nine in ten Greek 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 Greece, respondents ranked climate change second only to the cost of living. Many believe that investing in adaptation now will not only boost the economy, but will also prevent higher costs in the future.

The European Investment Bank (EIB) will advise Greece on its planned major upgrade of the national railway network to improve safety, punctuality, and sustainability. Under the agreement with the Greek Ministry of Transport and Infrastructure, the EIB  will assist authorities in developing a long-term  business plan for a newly established rail infrastructure management company and in outlining near-term network investments.