Maite Cordero
- European Investment Bank
- Communication Department
- Calle José Ortega y Gasset, 29
- 28006 Madrid
- Spain
The European Investment Bank (EIB) and Iberdrola have signed a loan of €500 million within the framework of the Regional Resilience Fund to develop and expand smart electricity grids, facilitating renewable energy integration and industry connection.
Residents of Spain surveyed in August 2024 view climate change as one of the biggest challenges facing their country, according to the annual Climate Survey commissioned by the European Investment Bank (EIB). 95% of them support taking action to cope with the effects of climate change (placing Spain among the top five EU countries most strongly expressing this view), and the majority believe that investing in adaptation now will prevent higher costs in the future. The survey is part of the EIB's annual activities for the COP, and was carried out before the recent flooding in Spain.
The European Investment Bank (EIB) has activated financial instruments to back recovery and reconstruction in areas affected by the recent devastating floods in Spain.