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President discusses climate infrastructure funding with EIB

President Dr. Mohamed Muizzu has held discussions with Vice President of the European Investment Bank (EIB) Ambroise Fayolle, on the sidelines of the Fourth International Conference on Small Island Developing States (SIDS) in Antigua and Barbuda.

In their discussions, President Dr. Muizzu conveyed his deep appreciation for the EIB's longstanding support and reiterated his administration's commitment to further strengthening these valuable ties.

The meeting centered on exploring collaborative opportunities to fund climate-resilient infrastructure projects. President Dr. Muizzu emphasised the importance of initiatives such as seawalls, shore protection, water management systems, and renewable energy projects to effectively combat the impacts of climate change.

Concluding the meeting, both leaders exchanged insights on renewable energy, climate mitigation, and adaptation strategies, underscoring their shared dedication to addressing the pressing challenges of climate change.