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05 Dec 2023

COP28: The EIB and Meridiam showcase a new investment initiative to protect vulnerable cities in Africa from climate change

On Monday December 4th, at COP28 in Dubai, the European Investment Bank (EIB) and Meridiam presented the first project – in Mauritania - to be developed and financed by The Urban Resilience Fund (TURF). The Nouakchott Coastline Development Project, managed by Meridiam, aims at protecting Mauritania’s capital city from coastal erosion and flooding, while also developing new activities to the benefit of its communities.

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