In accordance with Article 23.a, second paragraph, of the Rules of Procedure of the Bank approved by the Board of Governors on 20 January 2016 and effective as of 1 September 2016, the EIB President has decided to propose to the Board of Governors to appoint Mr Marek BELKA, Mr Pat COX, Ms Kristalina GEORGIEVA, Ms Ariane OBOLENSKY, and Mr Yannis STOURNARAS as Members of the Appointment Advisory Committee.

Following recent changes in the Bulgarian government, Mr Kiril ANANIEV was appointed Minister of Finance. He also becomes EIB Governor, succeeding Mr Vladislav GORANOV.Prior to his appointment as Minister of Finance, Mr ANANIEV was Deputy Minister of Finance since August 2014.From 2013 to 2014, Mr...

Climate change is one of the greatest development challenges. The costs of environmental neglect have long been known, but growing scientific evidence indicates how global warming is linked to greenhouse gas emissions from human activity. The impact of global warming is most visible in the rising threat of climate-related natural disasters. Disaster risk is the result of the probability of occurrence of hazardous events as well as the impacts should these events occur.

Urban growth in India in the 1990s far exceeded the capacity of existing infrastructure and municipal services. Karnataka was one of the most urbanized states, and its capital, Bangalore, was one of the fastest growing metropolitan areas in the country. The state government of Karnataka identified 10 urban centers, along the west coast of the state, as priority areas for infrastructure investment.

The project's targeted impact was increased economic growth in Madhya Pradesh, which was to be realized by improving the state road network, facilitating safe and appropriate road usage, increasing efficiency of transport services, and enhancing the capacity of the Madhya Pradesh government for road asset development and management.

An earthquake with a magnitude of 8.0 struck Wenchuan County on 12 May 2008, which was about 92 kilometers (km) northwest of the Chengdu, the provincial capital of Sichuan, People's Republic of China (PRC). The earthquake affected a wide area, causing extensive damages and heavy losses in Sichuan, Shaanxi, and Gansu provinces, including seven other provinces. The total disaster area covered 500,000 square kilometers, in which the 51 worst-affected counties in Sichuan, Shaanxi, and Gansu provinces covered 130,000 square kilometers.