COP15: EIB signals new approach highlighting the importance of forests to meet biodiversity and climate goals
Ahead of its participation at the COP15 meetings, in Montreal, the European Investment Bank (EIB) has published a new sector paper titled “Forests at the heart of sustainable development” and a related brochure emphasizing the impact of EIB finance and the role of public banks more generally in developing the sector sustainably . Forests cover about 30% of the Earth’s land and host about 80% of world’s biodiversity.