The European Investment Bank (EIB) approved the Climate Bank Roadmap (CBR) that sets out in detail how the EIB Group aims to support the objectives of the European Green Deal and sustainable development outside the European Union.

The Climate Bank Roadmap comes at the end of a stakeholder engagement that included two major events in March and June and more than 200 written submissions to the Bank.

The existing EIB Climate Strategy was announced at the Paris Climate Conference in 2015. The EIB Board of Directors approved an update of the strategy, to align it with the 1.5-degree temperature goal. Together with the CBR, this will guide the Bank’s activities in the next 5 years.