The European Investment Bank (EIB) has announced a US $75 million loan to Fiji to help the small island state, which is chairing COP 23 (Bonn, 6-17 November), to better protect water infrastructure against extreme weather events, such as cyclone Winston in February 2016, the strongest ever to hit this country that is particularly vulnerable to climate change.
The long-term loan was signed by Fijian Economy Minister Aiyaz Sayed-Khaiyun and EIB Vice-President Ambroise Fayolle in Bonn on Friday...