Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/17/914 (11.04.17) |
Publication Date | 11/04/2017 |
Content Type | News |
On 11 April 2017, The European Commission and the European Investment Bank (EIB) announced the first loan agreement backed by the Natural Capital Financing Facility. The Bank on Nature Initiative builds on the Natural Capital Financing Facility (NCFF), an established financing partnership between the European Commission and the European Investment Bank supporting nature and climate adaptation projects through tailored loans and investments, backed by an EU guarantee. It recognises and fosters the business case for investing in natural capital for biodiversity and climate change adaptation purposes. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-17-914_en.htm |
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Subject Categories | Environment, Politics and International Relations |
Countries / Regions | Europe |