EIB Group adopts Climate Bank Roadmap and approves € 400 million for COVAX initiative to ensure global access to COVID-19 vaccine, part of € 7.8 billion for COVID-19 support, transport, water and cities.

The EIB Board of Directors today approved the EIB Group Climate Bank Roadmap 2021-2025 that will guide future EIB financing to support €1 trillion of climate action and environmental sustainability investments by 2030, and align all financing activities with the principles and goals of the Paris climate agreement by the end of 2020.

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