The European Investment Bank (EIB) and the Municipality of Lisbon have signed the last EUR 90 million of a EUR 250 million framework loan under the Investment Plan for Europe, to improve urban regeneration in the city. The project has a strong focus on social inclusion and it will also help Lisbon to tackle climate change.
Combating climate change remains amongst one of the biggest global challenges. For the sixth year in a row, the EU bank increased its finance for projects that contribute to climate action and environmental sustainability, including in Portugal.
These are some of the results from the latest release of the 2021-2022 Climate Survey conducted in September 2021 and published today by the European Investment Bank (EIB). The EIB is the lending arm of the European Union and the world’s largest multilateral lender for climate action projects.