During the UN Ocean Conference, the European Investment Bank announced €97 million co-financing to support the resilience of Romanian Black Sea coast to erosion and floods. This new investment is allocated under the Structural Programme Loan ‘Romania EU Co-financing for Environment for the programming period 2014-20’.
The European Investment Bank is partnering with the European Commission to improve water and sanitation networks in the Caribbean. The EIB’s EUR 150 million programme loan will help to improve climate resilience and contribute to healthy oceans through new investments in security of water supply, wastewater treatment, solid waste and storm-water management across the region. The loan approval was announced at the UN Ocean Conference in Lisbon.
The UN Environment Programme (UNEP) and the European Investment Bank (EIB) today launched the Global Environment Facility (GEF) Mediterranean Pollution Hot Spots Technical Assistance initiative, which aims to reduce pollution in the Mediterranean marine and coastal environment.