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.