EIB starts stakeholder engagement for Climate Bank Roadmap
The EIB has begun the stakeholder engagement process on key elements of its Climate Bank Roadmap 2021-2025. The Roadmap begins on 1 January 2021 and will provide the strategic and operational framework for the EIB to meet its commitments towards climate action and environmental sustainability over the next five years.
The EIB has pledged to increase its climate change-related lending by 50% - a 30% increase from today, and they intend to align all its financing activities with the principles and goals of the Paris agreement by the end of 2020
On 23 March, the EIB will host a stakeholder engagement event in Brussels, followed by a second event before the summer break. Both events will be live-streamed and minutes will be available. The focus will be on the following four topics: Aligning the EIB's activities with the goals and principles of the Paris Agreement; Increasing environmental sustainability investments and leaving no one behind; Leveraging private-sector finance and promoting financial innovation; and Measuring the long-term effect of the EIB’s operations.
