€30 billion (about $34 billion) to help Europe weather the heat, floods and droughts ahead

The European Investment Bank will at least double its climate-adaptation financing, to €30 billion (about $34 billion) by 2030, helping communities prepare for heatwaves, droughts, wildfires and floods — from stronger energy networks and water systems to climate-resilient farming. Its boards also approved €11.8 billion (about $13 billion) in new financing, including €5.5 billion (about $6 billion) for Europe's energy autonomy. 'Every euro invested in prevention and adaptation to climate change saves 10 euros in damages and repairs,' said EIB Group President Nadia Calviño.

SDG 13 · Climate action — Mechanism: funding & finance