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    It is estimated that by 2050 80% of the world’s population will live in cities. This means cities and in particular their role in climate change will become increasingly important. Cities will not only play a prominent role in identifying solutions to climate change, but they will also need to adapt to climate change and increase their resilience to extreme weather events.

    On 28 May the European Investment Bank will participate in the Open European Day (OED) on Adaptation organized by ICLEI-Local Governments for Sustainability and the European Environment Agency (EEA) in Bonn, Germany. The Open European Day will host an interactive city to city exchange on the topic of climate change adaptation of European cities.

    The event will bring together local politicians, adaptation managers, practitioners, and key urban adaptation stakeholders from across Europe in order to share experiences, learn from each other and discuss practical solutions. The Bank will contribute to the opening plenary, sessions on vulnerability assessment and financing climate adaptation.

    The EIB is an official partner to the event, and will also be represented with a stand at the follow-up Resilient Cities Conference (29-31 May).