Eau de Paris receives a €3.75 million loan from the European Investment Bank for to protect biodiversity
The European Investment Bank (EIB) granted a loan of €3.75 million to Eau de Paris (France) under the Natural Capital Financing Facility to implement measures to restore river connectivity and various programmes to enhance biodiversity.
The investments include measures to restore watercourses and various programmes to enhance biodiversity in areas covered or owned by Eau de Paris, including aqueducts and wetlands such as the Ru du Dragon Natura 2000 site. The greening of a portfolio of buildings and facilities in the City of Paris, many of which are old, will contribute to Paris’s climate strategy and to the quality of life of Parisians. This loan is complemented by technical assistance to improve Eau de Paris’s biodiversity monitoring processes and to support specific projects.
The EIB support for Eau de Paris’s biodiversity strategy follows the signing of a €130 million loan last July to finance part of its large-scale 2021-2026 investment plan.
Thanks to its biodiversity strategy, Eau de Paris has become key to the green transition, with the strategy underpinning its commitment to biodiversity at all stages of the water cycle. Its extensive network in the Île-de-France Region is a backbone of ecological connectivity, and this investment will enable all local authorities to help strengthen links with nature.
Read more on EIB's website here