Romania to strengthen climate-resilient water networks with EIB advisory support
Romania, March 4 -- The European Investment Bank (EIB) will advise its Romanian counterpart on strengthening water networks across the country. Under a new advisory services agreement, the EIB will provide advisory support and capacity building to the Romanian Investment and Development Bank (BID) to advance climate-resilient water and wastewater infrastructure in Romania. Romania plans to upgrade ageing water infrastructure to address increasing climate risks - including more frequent droughts and floods - while ensuring compliance with European Union environmental legislation. The advisory accord was signed today at the annual EIB Forum in Luxembourg and stems from a request by the BID, which is seeking to reinforce its capacity to assess...
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