Malta

Almost all of the respondents for Malta 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, they ranked climate change second only to the cost of living. Almost all believe that investing in adaptation now will not only boost the economy, but will also prevent higher costs in the future.

The Malta Development Bank (MDB) today welcomed EIB Vice President Kyriacos Kakouris for the official presentation of the Market Assessment and Recommendations Report under the Green Gateway Advisory initiative. This project, launched earlier this year, aims to fast-track climate action and sustainability investments across Malta.

The European Investment Bank (EIB) is helping Malta step up the fight against housing shortages by lending €22 million to Malita Investments plc, a listed company on the Malta Stock Exchange with an 80% shareholding owned by the Government of Malta and 20% by private shareholders.