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European Investment Bank (EIB) in CDRI
July 30 , 2022
724 days
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- European Investment Bank recently joined the Coalition for Disaster Resilient Infrastructure.
- CDRI is led by India.
- This coalition is aimed at limiting the destruction caused due to climate change.
- EIB will provide advisory and financial support to members of CDRI.
- EIB will work as “EU climate bank” within the CDRI.
- The Coalition for Disaster Resilient Infrastructure (CDRI) was launched by India in 2019, at the UN Climate Action Summit.
- It allows the members to share knowledge and resources as well as help countries in meeting the UN Sustainable Development Goals’.
- EIB is the investment bank of European Union.
- It is possessed by the EU Member States.
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