Financing investments for disaster risk prevention/reconstruction
The European Investment Bank (EIB) is a key player in financing investments for disaster risk prevention and reconstruction, providing finance and expertise for sustainable projects globally. With a long-standing history and a wide range of financial products, EIB plays a crucial role in disaster risk reduction and reconstruction efforts. Learn about EIB's approach, key facts, and activities outside the EU, showcasing its commitment to sustainable development and resilience in the face of disasters.
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Presentation Transcript
Financing investments for disaster risk prevention/reconstruction Alessandro Carano 21/02/2025 1 European Investment Bank Group
Agenda EIB key facts EIB approach Investments for disaster risk reduction reconstruction 21/02/2025 2 European Investment Bank Group
The European Investment Bank at a glance Providing finance and expertise for sound and sustainable investment projects Natural financing partner for the EU institutions EU s long-term lending bank set up in 1958 by the Treaty of Rome Shareholders: 28 EU Member States Governance Board of Governors EU Finance Ministers Board of Directors Members States, European Commission & External Action Service Management Committee EIB s executive body 3 21/02/2025 3 European Investment Bank Group
The European Investment Bank at a glance Largest multilateral lender and borrower in the world Raise our funds on the international capital markets Pass on favourable borrowing conditions to clients More than 400 projects each year in over 160 countries Some 90% of lending is inside the EU Headquartered in Luxembourg and some 30 local offices Around 2 000 staff: Not only finance professionals, but also engineers, sector economists and socio-environmental experts More than 50 years of experience in financing projects 4 21/02/2025 4 European Investment Bank Group
EIB 2013 activity Lending outside EU (EIB signatures) in 2013: EUR 7.7bn Pre-accession Countries include: Candidate Countries: Iceland, the Former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey. Potential Candidate Countries: Albania, Bosnia and Herzegovina, Kosovo*. 5 European Investment Bank Group European Investment Bank Group 5 19/02/2014
The EIB products LENDING Loans But also: BLENDING Combining EIB finance with EU budget (Project Bond Initiative) ADVISING Prepare & implement projects (JASPERS within EU, MeHSIP PPIF, Water PPF, and use NIF, WBIF for TA) Guarantees (trade financing) Higher risk projects for innovation (RSFF) Equity participation Support to public / private partnerships (EPEC) Attracting FUNDING for long-term growth Up to 100% of project cost and 30-year maturity for reconstruction New blended instrument soon to be launched for green infrastructure Can add value with TA and EIB experts advice: support for project design and implementation, capacity building, institutional strengthening 6 21/02/2025 6 European Investment Bank Group
The EIB project cycle 21/02/2025 7
EIB counterparts Borrower vs Promoter Public sector Government Public entities Local government / sub-sovereign Private sector Corporates Mid-caps Financial intermediaries (loans to SMEs) 21/02/2025 8 European Investment Bank Group
The EIB: Supporting EU policy goals Sustainable growth and jobs in Europe Innovation and skills Trans-European Networks Sustainable, competitive and secure energy Financing smaller businesses Economic and social cohesion Special support for economically weaker regions Helping regions absorb EU funds Environmental sustainability Natural resource efficiency Climate action Sustainable transport 9 21/02/2025 9 European Investment Bank Group
The EIB: underpinning EU external priorities Local private sector development Social and economic infrastructure Climate action Regional integration Natural partner of the European Commission and the European External Action Service 10 21/02/2025 10 European Investment Bank Group
EIB support for Reconstruction and Risk-Management Sectors Flood risk management Earthquake risk mitigation Prevention of forest fires Broad Climate Change adaptation / resilience Post-disaster reconstruction (but generally not including emergency recovery) 21/02/2025 11 European Investment Bank Group
EIB support for Reconstruction and Risk-Management Portfolio kept growing in 1981-2002: 60 projects ( 4.7bn lending) In 2003-2013: 49 projects1 signed ( 6.2bn lending) 14 more projects approved by Board and 9 at pre-appraisal/appraisal ( 1.3bn as of today) 4000 July 2012 (hopefully ) 3,741 NATURAL DISASTER - Reconstruction and Risk-management 3500 3000 Loan Amount [EURm] 2003-2013 fully signed/disbursed 2500 2000 1,451 1500 Approved CA/CD or at various appraisal stages 994 1000 621 505 500 235 0 FLOOD PREVENTION & RECONSTRUCTION EARTHQUAKE - RECONSTR & SAFETY IMPROVEMENT Projects with other main objective / multi-scheme programmes 12
From reactive to proactive approach: support risk management strategies Consistent with the evolution of the EU policy framework, EIB has progressively shifted its focus from pure reconstruction interventions to support for projects / programmes that : Focus on risk management, prevention, preparedness support for the development and implementation of risk-management strategies, including through TA and EIB experts advisory services Combine infrastructure with soft components and TA (e.g. improved data, institutional strengthening, coordination, etc.) Added emphasis on Climate-related risks Flood risk management activities pioneered the approach EIB Guide for the Preparation of Flood Risk Management Schemes (2008) http://www.eib.org/infocentre/publications/all/eib-flood-risk-management- guide.htm July 2012 (hopefully ) 13
Disaster risk management Examples inside the EU Flood prevention, Phase 1-2 (CZ, 2002+2006, 95m+ 319m) Natural disaster prevention (ES, 2007, 200m) Examples outside the EU Afforestation and erosion control (Turkey, 2011, 150m) Flood prevention (Turkey, 2012, 100m) Istanbul Earthquake risk mitigation (Turkey, 2006+2012, 300m+ 300m) Ports du Maroc (Morocco, 1999, 32m) Flood protection (Moldova, 2014, initiated) EIB supports TA for preparation of flood risk management strategy, risk assessment and management plans in line with Floods Directive 21/02/2025 14 European Investment Bank Group
Post-disaster reconstruction Examples inside the EU Flood and red sludge disaster recovery (HU, 2012, 63m) Flood damage reconstruction (CZ, 2002+2009, 400m+ 378m) Protezione civile emergency fw loan (IT, 2003, 200m) Flood damage reconstruction (PL, 2010, 222m) Examples outside the EU Terra-Infrastructure urban and industrial reconstruction (Turkey, 2000, 600m) Flood relief and prevention (Montenegro, 2012, 20m) Post-flood reconstruction (Algeria, 2002, 45m) Post-earthquake reconstruction (Algeria, 2003, 250m) Haiti microenterprises (2010, 3m) 21/02/2025 15 European Investment Bank Group
For more information http://www.eib.org/ info@eib.org Tel: (+352) 437922000 21/02/2025 16
