Thomas Eriksson
- European Investment Bank
- Communication Department
- Strandvägen 7A
- SE-114 56 Stockholm
- Sweden
The European Investment Bank (EIB) Group and Norwegian DNB Bank ASA are joining forces in a groundbreaking financing initiative, marking 50 years since the EIB’s first investment in Norway.
Most Swedish 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, Swedish respondents ranked climate change third, after the cost of living, and security. More than eight out of ten Swedish respondents 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 provide an additional €264 million in financing for the Slussen waterway-redevelopment project in Stockholm, reinforcing the bank’s commitment to sustainable urban renewal. The new financing builds on a previous EIB loan of €382 million and will be used to complete key infrastructure elements of the project including upgrades to old locks, improvements to an intermodal transport hub and the creation of pedestrian and cycling pathways.