Baku, Azerbaijan, April 23. The European
Investment Bank (EIB) will provide advisory support to Growthfund,
Greece’s National Investment Fund, to help strengthen the climate
resilience of key ports in Greece, Trend reports.
The initiative includes Climate Risk and Vulnerability
Assessments (CRVAs) for the ports of Volos, Alexandroupoli, and
Patras.
Under the agreement, EIB Advisory will work with the respective
port authorities to identify climate-related risks—such as sea
level rise, coastal flooding, and extreme weather—and define
potential adaptation measures to protect infrastructure and
operations.
The advisory work will be structured in three parts: baseline
analysis of climate trends and past weather events, a CRVA to
assess risks and identify adaptation actions, and an evaluation of
the potential financial impact of climate risks on the ports.
The project is aligned with EU climate policy and follows best
practices, including the European Commission’s guidance on
climate-proofing infrastructure. The EIB’s involvement supports its
role as the EU Climate Bank, helping ensure the long-term
sustainability and resilience of critical public
infrastructure.