Improving Climate Adaptation Investments for Vulnerable Groups

The European Investment Bank sets a target to allocate 15% of its total climate finance to climate adaptation actions. They focus on financing projects in developed countries, fragile states, and small island development areas. By broadening their approach to include different social groups like indigenous peoples, women, youth, and the elderly, they aim to target investments towards those most affected by climate change. They believe in leveraging the knowledge and skills of marginalized groups to enhance climate adaptation strategies for better outcomes.