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    Every year, the Member States of the United Nations meet in New York for the UN General Assembly (UNGA). The assembly brings together heads of states and representatives of key institutions to discuss global issues such as development, peace and security, international law and climate change.

    Rapidly rising sea levels, increasing temperatures, and record levels of emissions have highlighted the need for urgent action to fight climate change. Accordingly, global responses to climate change will be a particularly prominent topic this year.

    The European Investment Bank was present at an array of debates at the UNGA. President Hoyer and Vice-Presidents Emma Navarro and Ambroise Fayolle discussed the EIB’s role and ambition to strengthen global efforts to tackle climate change. 

    Alongside partners, the EIB explored how public finance institutions can better facilitate the flow of private capital into sustainable investments to reach the trillions of dollars needed to build a climate-neutral economy and a more resilient society.

    Check out the programme of the events where the EIB participated.

    We have just over ten years to turn the tide on the climate and environmental emergency. We are putting our natural resources, our economies, our communities and our way of life at risk, potentially creating an unmanageable situation for the next generation. [...] Multilateral financial institutions, like the EIB, have never been more relevant to mobilise private investment for this fight.

    • Werner Hoyer, President of the EIB

    Watch President Hoyer outline the strengthened ambition for climate action of the EU Bank

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