EIB at COP23: UN climate change conference
- Date: 06 November 2017 - 17 November 2017
As the world's biggest provider of climate finance, the European Investment Bank (EIB) is taking part in COP23, the annual meeting of global leaders and climate action specialists.
At the Bonn 2017 UN Climate Change Conference (6 - 17 November 2017) governments will come together to discuss the next steps after the 2015 Paris Agreement - a landmark climate change accord.
On this page, find out where the EU bank is at COP23 and what its delegation of experts led by EIB President Hoyer is doing - with updates of news and info throughout the conference.
Do you want to know how our climate finance expertise helps fighting climate change? Discover how we do it:
Climate action news
The initiative between the EIB and the Government of Luxembourg is investing EUR 5 million in C Shares of the Green for Growth Fund
Capital market leaders from around the world welcomed a new action plan designed to stimulate green finance to tackle global warming
The EIB and the Caribbean Development Bank have set up an emergency post-disaster reconstruction financing initiative to help the region recover from recent hurricane events
- Ramping up cooperation to protect oceans
- A common language for green finance
- A more resilient water supply system
- New tool announced at COP23
- EIB and GIZ step up cooperation
- MDBs increase 2016 financing to tackle climate challenge
- EIB confirms commitment to support small island states and blue economy
- USD 100m for climate action in Mexico
Join the EIB at COP23
Come and join us at the EIB/Luxembourg pavilion where delegates can learn more about our climate action activities.
The Bank will also share its unique expertise in a number of panel discussions and cooperates with different organisations to showcase their climate finance products. The EIB delegation to Bonn consists of high-level experts and officials, and is headed by EIB President Werner Hoyer and the Vice-President Jonathan Taylor, responsible for climate and environment.
Monday 6 November
Tuesday 7 November
Thursday 9 November
Friday 10 November
Saturday 11 November
Sunday 12 November
Monday 13 November
Tuesday 14 November
Wednesday 15 November
Thursday 16 November
See the programme for COP23: http://newsroom.unfccc.int/cop-23-bonn/
EIB at COP23 on social media
Stay up to date through our social media channels.
- Join the conversation on Facebook live and have your say at the following events:
7 November - 12:15pm
The Cinderella of climate finance? Helping fragile states and islands economies to cope with the effects of climate change
With EIB and Water Authority of Fiji experts.
7 November - 2:40pm
10 years of Green Bonds – a tool to deliver the Paris Agreement
With EIB experts Eila Kreivi, Director of Capital Markets and Nancy Saich, EIB Climate Action Expert.
9 November - 2pm
Climate in everything we do: Why does mainstreaming matter?
With EIB Head of Environment, Climate and Social Policy, Monica Scatasta and Ian Cochran, Program Director - Finance, Investment & Climate, Institute for Climate Economics, I4CE
11 November - 11.45am
No green without blue: why climate action also means protecting our oceans and supporting the blue economy
With EIB Vice-President Jonathan Taylor, responsible for climate and environment and Karmenu Vella, European Commissioner for Environment, Maritime Affairs and Fisheries
14 November - 10 to 10.15am
From Billions to Trillions: How innovative finance is getting the private sector on board
With EIB Head of Climate Action Christopher Knowles and Elvira Lefting, Managing Director, Finance in Motion
14 November - from 3.15pm
Bringing nature back into our cities
With Holger Robrecht, ICLEI - Local Governments for Sustainability and Stefanie Lindenberg, EIB Coordinator Natural Capital Finance Facility
- Follow the COP23 on Twitter #COP23
The EIB is one of the largest providers of climate-related investment globally. Our unique experience of financing schemes around the world gets climate projects off the ground. However, the EIB cannot meet the challenge on its own. Cooperation with our partners is crucial. Together with other multilateral development banks we are committed to backing investment in transformational projects that cut emissions and address a changing climate.
“We are supporting adaptation, biodiversity and ecosystems. We want to increase the resilience of the ocean and coastal environments to dangers such as natural disasters or rising water due to climate change."
Jonathan Taylor, EIB Vice-President
The European Investment Bank supports investment around the world that strengthens conservation and enables more sustainable use of oceans and marine resources. This includes responding to the needs of Small Island Developing States to reduce vulnerability to a changing climate and supporting schemes that reduce pollution and contribute to development of a sustainable blue economy.
Discover how we do it:
Conserve and sustainably use the oceans, seas and marine resources for sustainable development
The unprecedented growth of cities, especially in emerging economies and developing countries, require increased investments in projects that protect the environment our children will live in and help to combat climate change.
The EU bank supports cities which want to become environmentally friendly, climate resilient and compact.
Find out how we do it:
Make cities and human settlements inclusive, safe, resilient and sustainable
"Through its universal adoption, the Paris deal has given confidence to investors that rapid scaling up of all sorts of climate finance is inevitable. What we need now is ratification, implementation… and increased ambition."
Jonathan Taylor, Vice-President of the EIB
Energy efficiency is now widely recognised as one of the most economical ways of addressing climate change and many countries have established energy efficiency targets. The EIB finances development, construction and operation of renewable energy projects and installation of energy efficiency measures. The objective is to reduce greenhouse gas emissions, improve energy access and to catalyse private sector funding for climate investment.