3
dec
2018
International Congress Centre (MCK)
Plac Slawika i Antalla 1
Katowice, Poland, 40-163
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©COP24

As the world's largest multilateral financier of climate-related investment, the European Investment Bank took part in the 24th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change – COP24.

Thanks to all who joined us at the EIB/ Benelux pavilion and heard how the EIB is helping to meet the challenges of paying for international climate action, keeping global warming to below 2˚C and helping the transition towards a low-carbon future.

This COP took place at the International Congress Centre in Katowice (3-14 December 2018), where governments came together to adopt the implementation guidelines of the Paris Climate Change Agreement.

Highlights from the COP24

Tweets from the COP24

Click here for the agenda of events at the EIB/Benelux pavilion.

Monday 3 December

  • The low-carbon transition implies a substantial reduction in global coal demand. Planned and ongoing closures of coal mines and the commitment by a number of EU Member States to phase out coal use for power generation are expected to accelerate this downward trend.
  • With EIB Vice-President, Vazil Hudák
  • 14:30 – 16:00, EU pavilion
  • These will include the Cracow Tramway and Posejdon Near Zero Energy Building (NZEB) projects.
  • With EIB Vice-President, Vazil Hudák
  • 15:00 – 16:00, EIB/Benelux pavilion

Tuesday 4 December

  • With EC Vice-President, Maroš Šefčovič and EIB Vice-Presidents Jonathan Taylor and Vazil Hudák 
  • This discussion will feature the GreenWay project.
  • 08:45 – 10:00, EIB/Benelux pavilion
  • With EIB Vice-President, Jonathan Taylor
  • 10:00 – 11:00, EIB/Benelux pavilion
  • With EIB Vice-President Vazil Hudák, EIB’s European Investment Advisory Hub (EIAH) Adviser, Desislava Kraleva, EIB’s Innovation Finance Adviser, Paulina Brzezicka and the EIB Institute’s Head of Social Programme, Luisa De Almeida Ferreira
  • 11:30 – 13:00, EIB/Benelux pavilion

Thursday 6 December

  • This event is a joint event with the Court of Auditors and the European Research Centre
  • More information
  • With EIB Vice-President, Jonathan Taylor
  • 13:15 – 14:30, EIB/Benelux pavilion
  • With EIB’s Head of Environment, Climate and Social Policy, Monica Scatasta and EIB’s Urban Development Lead Engineer, Jonas Byström
  • 18:30 – 20:00, EIB/Benelux pavilion, followed by drinks

Friday 7 December

  • With EIB Vice-President, Jonathan Taylor and EIB’s Urban Development Lead Engineer, Jonas Byström
  • 09:30 – 11:00, EIB/Benelux pavilion
  • With EIB Vice-President Jonathan Taylor and EIB’s Head of Environment, Climate and Social Policy, Monica Scatasta
  • 15:30 – 17:00, MDB pavilion

Saturday 8 December

  • With EIB Vice-President, Jonathan Taylor
  • 13:15 – 14:45, EIB/Benelux pavilion
  • With EIB’s Senior Climate Change Specialist, Adrien de Bassompierre
  • 15:00 – 16:30, MDB Pavilion
  • More information

Monday 10 December

  • With EIB’s Head of Environment, Climate and Social Policy, Monica Scatasta
  • 11:30 – 13:00, MDB pavilion
  • With EIB Vice-President Emma Navarro and EIB’s Head of Environmental and Climate Finance Policy, Daniel Farchy
  • 11:30 – 13:00, EIB/Benelux pavilion
  • With EIB’s Head of Environment, Climate and Social Policy, Monica Scatasta and EIB’s Adviser on Climate and Environment, Nancy Saich
  • 13:15 – 14:45, EIB/Benelux pavilion

Tuesday 11 December

  • With EIB’s Head of Environmental and Climate Finance Policy, Martin Berg
  • 09:30 – 11:00, EIB/Benelux pavilion
  • With EIB’s Adviser on Climate and Environment, Nancy Saich and EIB’s Climate Specialist, Lorenzo Pezzati
  • 11:30 – 12:15, EIB/Benelux pavilion
  • This is an official side event with Acclimatise & the Global Reporting Initiative (GRI).
  • With EIB’s Adviser on Climate and Environment, Nancy Saich
  • 15:00 – 16:30, UNFCCC
  • EIB’s Senior Climate Change Specialist, Peter Anderson
  • 17:00 – 18:30, MDB pavilion
  • More information

Wednesday 12 December

  • Financiers (and solution providers) present their specific needs, expectations, and best practice case examples as to how to speed up transaction decisions and implementation of NDC-related projects in emerging and developed markets. 
  • With EIB’s Global Energy Efficiency and Renewable Energy Fund (GEEREF) Investment Manager, Aglaé Touchard-Le Drian
  • 11:30 – 13:00, Vienna House Easy Angelo
  • More information
  • EIB’s Senior Climate Change Specialist, Cinzia Losenno
  • 16:30 – 18:30, MDB pavilion
  • More information
  • EIB’s Adviser on Climate and Environment, Nancy Saich
  • 18:30 – 20:00, EU pavilion

Thursday 13 December

  • EIB’s Senior Climate Change Specialist, Peter Anderson and EIB’s Adviser on Climate and Environment, Nancy Saich
  • 9:30 – 11:00, EIB-Benelux pavilion
  • EIB’s Adviser on Climate and Environment, Nancy Saich
  • 11:30 – 13:00, EIB-Benelux pavilion
  • EIB’s Adviser on Climate and Environment, Nancy Saich 
  • 18:30 – 20:00, EU pavilion

Friday 14 December

  • EIB’s Lead Economic Adviser on Education and Public Research, Antonella Calvia-Götz and EIB’s Climate Specialist, Lorenzo Pezzati
  • 11:00 – 12:00, MDB pavilion

Key themes

Do you want to know how our climate finance expertise helps fighting climate change? During COP24, the EU Bank plans to focus its attention on the following key topics:

Supporting coal regions in the move to a low-carbon economy

Once considered the bedrock of economic growth, regions with strong coal industries have become synonyms of air pollution, land degradation and socio-economic decline. As the world gradually moves away from fossil fuels due to their impact on health and the environment, the challenge for these coal mining regions is to diversify their industries and find alternative sources of jobs and growth.

The EIB has been following the development of the Platform for Coal Regions in Transition initiative through the European Investment Advisory Hub (EIAH), which is the advisory pillar of the Juncker Plan, co-founded by the European Commission and the EIB.

Cities as key actors to combat climate change 

Cities are responsible for about 75% of the world’s CO2 emissions and account for 55% of the world’s population, a proportion expected to increase to 68% by 2050. These figures show the importance of cities, both in terms of global climate change and economic development.
The EIB is helping to close the financing gap for sustainable investments in low-carbon and climate-resilient urban infrastructure, working directly with cities and in close partnership with others including the Global Covenant of Mayors, 100 Resilient Cities and the German Society for International Cooperation, GIZ.
In 2017 alone, the EIB invested EUR 22.7bn in urban projects, out of which EUR 8.2bn was dedicated to climate action.

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Discover stories, news, videos and publications on the EIB supporting climate action in cities and partnerships with non-state actors

Protecting our oceans and keeping our water clean

There's plenty of water in the universe without life, but nowhere is there life without water.

This sentence by American Marine Biologist, Sylvia Earle, captures one of the biggest challenges the world is facing today.

According to the WHO and UNICEF, 844 million people lack access to drinking water services, 2.3 billion live without even basic sanitation.

At the same time, human action is responsible for the rapid degradation of the earth’s largest ecosystem, the oceans. Global warming renders oceans more acid and decreases their oxygen levels. In addition, 8 million tonnes of plastic waste end up in the ocean every year – about the weight of 50.000 blue whales.

The EIB is the largest lender to the global water sector to date: since its early days, it financed over 1 500 projects that have increased access to water sources, provided flood protection and improved the water treatment as well as the disposal of residual waste.

In recent years, the EU bank has also been more and more engaged in the blue economy, i.e. the sustainable development of our oceans. Together with KfW and AFD, the EIB has declared war on plastic to save our oceans with the launch of the Clean Oceans Initiative.

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>@EIB
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Discover stories, news, videos and podcasts on the EIB supporting our oceans and water

Clean, green transport

Transport is the main source of air pollution in cities and represents almost a quarter of Europe's greenhouse gas emissions. For this reason, the EIB supports green transport and smarter mobility. In fact, transport is the largest sector in which the Bank has been active since its foundation in 1958.

The mobility projects the EU Bank invests in throughout Europe and the world range from electric motorbikes and cars to hydrogen busses, and from ultra-fast charging stations for electric vehicles to cleaner maritime transport.

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Discover stories, news, podcasts and videos on the EIB supporting clean, green transport

The EIB Climate survey

Ahead of the COP24, the EIB has launched a first-of-its-kind climate survey, in partnership with the global public opinion company YouGov, to assess citizens’ perception of climate change and their expectations in terms of political action to mitigate or adapt to it. 

The EU Bank asked the same 24 questions to more than 25 000 citizens in the European Union, the United States and China.

The results are being released periodically in six phases starting 8 November 2018 up until the EU elections on 23-26 May 2019. 

Discover here the first key findings of this worldwide climate survey.

Press Contacts at the COP