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Erschienen in:
2024 | OriginalPaper | Buchkapitel
EIB Group Climate Bank Roadmap 2021–2025
verfasst von : Miguel Morgado
Erschienen in: Sustainable Finances and the Law
Verlag: Springer Nature Switzerland
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Abstract
The European Investment Bank is one of the world’s main financiers of climate action and environmental sustainability.
The decade 2021–2030 is a critical timeframe for addressing our planet’s climate and environment emergency. To achieve this, trillions of investment are required, as the world must:The European Union is at the forefront of the global fight against climate change and environmental degradation. With the European Green Deal, the EU aims at making the European economy sustainable and inclusive. The EIB is an important partner in this new growth strategy while playing a leading role in the implementation of the Paris Agreement and the Sustainable Development Goals.
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Limit global warming to 1.5 °C above preindustrial levels by the end of this century;
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Adapt to the unavoidable impacts of climate change;
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Combat environmental degradation;
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Halt biodiversity loss; and
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Stop widening inequalities.
Sustainable development must be placed at the heart of all activities. All projects must meet Environmental and Social Standards with social development considerations increasingly mainstreamed in everything that is done.