Romania to strengthen climate-resilient water networks with EIB advisory support

The European Investment Bank (EIB) will advise its Romanian counterpart on strengthening water networks across the country. Under a new advisory services agreement, the EIB will provide advisory support and capacity building to the Romanian Investment and Development Bank (BID) to advance  climate-resilient water and wastewater infrastructure in Romania. Romania plans to upgrade ageing water infrastructure to address increasing climate risks – including more frequent droughts and floods – while ensuring compliance with European Union environmental legislation. The advisory accord was signed today at the annual EIB Forum in Luxembourg and stems from a request by the BID, which is seeking to reinforce its capacity to assess, structure and monitor water projects that enhance long-term climate resilience. The EIB is one of the world’s largest multilateral investors in the water industry and has long been a major supporter of Romanian initiatives in the sector. The new agreement with EIB Advisory will strengthen the BID’s role as a national financial intermediary, helping translate Romania’s climate-adaptation and water-management strategies into bankable investments fully aligned with EU legislation and EIB standards.