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Adaptation – and finance for it – is crucial to protect people in the countries at risk"></meta> <meta name="twitter:url" content="https://www.eib.org/en/stories/adaptation-climate-migration-impact"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:site" content="@EIB"/> <meta name="twitter:creator" content="@EIB"/> <meta name="twitter:title" content="Climate adaptation priority to manage migration impacts"/> <meta name="twitter:description" content="Climate change is already forcing mass migration, particularly within developing countries. Adaptation – and finance for it – is crucial to protect people in the countries at risk"/> <meta name="twitter:image" content="https://www.eib.org/photos/rs/87e1b877-48b4-4ab3-939a-e086493d14ca/largeprvw/image.jpg"/> <meta property="og:url" content="https://www.eib.org/en/stories/adaptation-climate-migration-impact"/> <meta property="og:title" content="Climate adaptation priority to manage migration impacts"/> <meta property="og:description" content="Climate change is already forcing mass migration, particularly within developing countries. Adaptation – and finance for it – is crucial to protect people in the countries at risk"/> <meta property="og:image" content="https://www.eib.org/photos/rs/87e1b877-48b4-4ab3-939a-e086493d14ca/largeprvw/image.jpg"/> <meta property="og:site_name" content="European Investment Bank"/> <meta property="og:type" content="article"/> <meta property="fb:app_id" content="1214650435266588" /> <script type="application/ld+json"> { "@context": "https://schema.org", "@type": "Article", "mainEntityOfPage": { "@type": "WebPage", "@id": "https://www.eib.org/en/stories/adaptation-climate-migration-impact" }, "headline": "Climate adaptation priority to manage migration impacts", "image": [ "https://www.eib.org/photos/rs/87e1b877-48b4-4ab3-939a-e086493d14ca/largeprvw/image.jpg" ], "datePublished": "2023-12-4 11:00", "dateModified": "2023-12-19 09:02", "author": { "@type": "Person", "name": "Yasmine Pagni" }, "publisher": { "@type": "Organization", "name": "European Investment Bank", "logo": { "@type": "ImageObject", "url": "https://www.eib.org/img/logos/logo23/eib-logo-hori-en.png" } }, "description": "Climate change is already forcing mass migration, particularly within developing countries. 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href="https://www.eib.org/en/about/cr/index.htm">Overview</a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/cr/responsible-finance/index.htm"> Providing finance </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/cr/responsible-borrower/index.htm"> Borrowing </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/cr/human-rights/index.htm"> Human rights and the EIB </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/cr/reporting_on_corporate_responsibility/index.htm"> Reporting on sustainability </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/cr/internal-commitment/index.htm"> Our internal commitment </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/cr/environmental-management/index.htm"> Managing our environment </a> </li> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--second"> Transparency, accountability and access to information <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/partners/cso/access-information-transparency/index.htm">Overview</a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/partners/cso/access-information/index.htm"> Transparency and access to information </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/accountability/complaints/index.htm"> EIB Group Complaints Mechanism overview </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/accountability/project-procurement-complaints/index.htm"> Project procurement complaints </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/accountability/anti-fraud/index.htm"> Investigating fraud and misconduct </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/accountability/evaluation/index.htm"> Evaluation </a> </li> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--second"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/partners/cso/consultations/index.htm"> Public consultations </a> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--second"> <a class="eib-mega-menu__link" href="https://www.eib.org/about/partners/eib-institute/index"> EIB Institute </a> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> </ul> </div> </div> </div> </ul> </div> </div> </div> <div class=""> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--first"> What we offer <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__second"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <div> <li class="eib-mega-menu__item eib-mega-menu__item--second"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/index.htm">Overview</a> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--second"> Loans <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/loans/index.htm">Overview</a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/loans/public-sector/index.htm"> Loans for the public sector </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/loans/framework-public-sector/index.htm"> Framework loans for the public sector </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/loans/private-sector/index.htm"> Loans for the private sector </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/loans/sme-mid-caps/index.htm"> Intermediated loans for SMEs, mid-caps and other priorities </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/loans/microfinance/index.htm"> Microfinance </a> </li> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--second"> Equity <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/equity/index.htm">Overview</a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/equity/venture-debt.htm"> Venture debt </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/equity/infra-environment-funds/index.htm"> Investments in infrastructure and environmental funds </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/equity/sme-mid-caps-funds/index.htm"> Investments in SME and mid-cap funds </a> </li> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--second"> Guarantees <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/guarantees/index.htm">Overview</a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/guarantees/credit-enhancement/index.htm"> Credit enhancement for project finance </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/guarantees/sme-mid-cap-guarantees/index.htm"> Guarantees in support of SMEs, mid-caps and other objectives </a> </li> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--second"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/advisory-services/index.htm"> Advisory services </a> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--second"> Mandates and partnerships <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/mandates-partnerships/index.htm">Overview</a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/mandates-partnerships/investeu/index.htm"> InvestEU </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/mandates-partnerships/eu-blending-facilities/index.htm"> EU Blending facilities </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/mandates-partnerships/donor-partnerships/index.htm"> Donor partnerships </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/mandates-partnerships/shared-management-funds/index.htm"> Shared management funds and financial instruments </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/mandates-partnerships/efsd/index.htm"> EFSD Guarantee </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/products/mandates-partnerships/index.htm#mandates"> All mandates and partnerships </a> </li> </ul> </div> </div> </div> </ul> </div> </div> </div> <div class=""> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--first"> Our work <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__second"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <div> <li class="eib-mega-menu__item eib-mega-menu__item--second"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/index.htm">Overview</a> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--second"> Our projects <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/all/index.htm"> All projects </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/pipelines/index.htm"> Projects to be financed </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/loans/index.htm"> Financed projects </a> </li> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--second"> Our priorities <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/about/at-a-glance/eib-core-strategic-priorities">Overview</a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/topics/climate-action/index"> Climate and environment </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/topics/innovation-digital-and-human-capital/index"> Digitalisation and technological innovation </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/topics/innovation-digital-and-human-capital/sesi/index"> Security and defence </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/topics/regional-development/index"> A modern cohesion policy </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/topics/energy-natural-resources/agriculture/index"> Agriculture and bioeconomy </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/topics/sustainable-cities-regions/urban-development/affordable-and-sustainable-housing"> Social infrastructure </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/topics/global/index"> High-impact global investment </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/topics/capital-markets-union/index"> Capital Markets Union </a> </li> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--has-children eib-mega-menu__item--second"> Our regions of activity <svg width="11" height="17" viewbox="0 0 11 17" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M0 14.8775L6.43425 8.42915L0 1.98085L1.98085 0L10.41 8.42915L1.98085 16.8583L0 14.8775Z"></path> </svg> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/regions/index.htm">Overview</a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/regions/european-union/index.htm"> European Union </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/regions/enlargement/index.htm"> Enlargement countries </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/region/western-balkans"> Western Balkans </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/regions/eastern-neighbours/index.htm"> Eastern Neighbourhood </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/regions/southern-neighbours/index.htm"> Southern Neighbourhood </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/region/sub-saharan-africa"> Sub-Saharan Africa </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/region/latin-america-caribbean"> Latin America and the Caribbean </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/region/asia-pacific"> Asia and the Pacific </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/regions/efta/index.htm"> EFTA countries </a> </li> <li class="eib-mega-menu__item eib-mega-menu__item--third"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/regions/united-kingdom/index.htm"> UK </a> </li> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--second"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/map.htm"> Global investment map </a> </li> <div class="eib-mega-menu__third"> <div class="eib-mega-menu__container"> <span class="eib-mega-menu__back">back</span> <ul class="eib-mega-menu__list"> </ul> </div> </div> </div> <div> <li class="eib-mega-menu__item eib-mega-menu__item--second"> <a class="eib-mega-menu__link" href="https://www.eib.org/en/projects/cycle/index.htm"> Project 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December 2023</li> <li class="banner__read-duration"> <div id="readRemainingGaugeElt"></div> </li> </ul>  <div class="eib-title__meta-line pt-4"> <div class="eib-title__meta-line__wrapper"> <div class="eib-title__meta-line_pdf btn-tooltip"> <a id="epdf" href="#" class="btn-icon" data-file="EIB-adaptation-climate-migration-impact" data-url="https://www.eib.org/en/readonline-publications/adaptation-climate-migration-impact.pdf"> Convert to PDF<i class="fa-solid fa-arrow-down-to-bracket"></i> </a> <span class="eib-icon-social-media toolip toolip-pdf"> <span> <i class="fa-solid fa-circle-notch pr-1"></i> <span>PDF download will start shortly</span> </span> </span> </div> <div class="eib-title__meta-line_print btn-tooltip"> <button id="print-icon" class="btn-icon">Print<i class="fa-solid fa-print"></i></button> </div> <div class="eib-title__meta-line_share btn-tooltip"> <button class="btn-icon">Share <i class="fa-solid fa-arrow-up-from-bracket"></i></button> <span class="eib-icon-social-media toolip"> <a href="https://twitter.com/intent/tweet/?url=http://www.eib.org/en/stories/adaptation-climate-migration-impact" target="_blank" aria-hidden="true"><i class="fa-brands fa-x-twitter fa-xl"></i></a> <a href="https://facebook.com/dialog/share?app_id=1214650435266588&href=http://www.eib.org/en/stories/adaptation-climate-migration-impact" target="_blank" aria-hidden="true"><i class="fa-brands fa-facebook-f fa-xl"></i></a> <a href="https://www.linkedin.com/shareArticle?mini=true&url=http://www.eib.org/en/stories/adaptation-climate-migration-impact" target="_blank" aria-hidden="true"><i class="fa-brands fa-linkedin-in fa-xl"></i></a> <a href="mailto:?body=http://www.eib.org/en/stories/adaptation-climate-migration-impact" target="_self" aria-hidden="true"><i class="fa-solid fa-envelope fa-xl"></i></a> <a href="whatsapp://send?text=http://www.eib.org/en/stories/adaptation-climate-migration-impact" target="_blank" aria-hidden="true"><i class="fa-brands fa-whatsapp fa-xl"></i></a> </span> </div> </div> </div> </div> </div> </div> </div> <figcaption class='banner__wrapper--figcaption padding-right-xs-10 padding-0' data-panorama-id='87e1b877-48b4-4ab3-939a-e086493d14ca'> Yann Arthus-Bertrand </figcaption> </div> </div> </div> </header> <main id="content"> <div class="story-page page-body container template__two-column overlap-top position-relative"> <div class="main-column story-column col-sm-8"> <div class="post-content story-content"> <div class="post-section post-intro container-fluid"> <h1>Adaptation to better manage the impacts of climate-related migration is crucial to protect economies – and millions of lives </div> <div class="row"> <section id="66957944248894" class="default post-media margin-bottom-x-large margin-top-x-large post-text "> <div class="container container-col-8 "> <div > <div class="post-text-wrapper col-xs-12 "> <p>Severe heatwaves, deadly wildfires, violent storms, and devastating floods swept across many areas of the world in the summer of 2023, the <a href="https://www.nasa.gov/news-release/nasa-announces-summer-2023-hottest-on-record/" target="_blank">hottest recorded since 1880</a>. These extreme weather events, caused by climate change, threaten food security, communities, infrastructure, natural resources, and entire ecosystems. They have led to the displacement of millions of people worldwide.</p> <p>A <a href="https://www.epc.eu/en/Publications/The-EUs-approach-to-climate-m~553098" target="_blank">new study by the European Policy Centre</a> in collaboration with the European Investment Bank  recommends several priority actions, including facilitating migration as a measure of climate adaptation. Here are the details.</p> <h3>Internal displacement</h3> <p>Global surface temperature increased by 1.1° Celsius over the last decade, leading to biodiversity loss, desertification, lower rainfall, rising sea levels, ocean acidification, and forest and land degradation.</p> <p>In 2022, <a href="https://www.internal-displacement.org/global-report/grid2023/" target="_blank">32.6 million people</a> worldwide were displaced due to climate-related weather events. Among the countries with the most internally displaced people were Nigeria, Pakistan, the Philippines, China, India, and Bangladesh. In Bangladesh, 13.3 million people, 8% of the population, could be forced to move by 2050, because two-thirds of the country’s surface is less than five metres above sea level, making it particularly vulnerable to sea level rise and flooding, according to the <a href="https://openknowledge.worldbank.org/server/api/core/bitstreams/6d66e133-e49d-5ad9-b056-7b1a6c6206ed/content" target="_blank">World Bank</a>. The Philippines and the South Pacific islands face a similar predicament.</p> <p>Food, water and resource shortages caused by climate change also fuel conflicts, which increase displacement.</p> <h3>The weakest countries bear the burden</h3> <p>Though the number of migrants seeking asylum in Europe has <a href="https://home-affairs.ec.europa.eu/news/emn-annual-report-explores-trends-migration-and-asylum-2022-2023-07-06_en#:~:text=2022%20saw%20a%20significant%20rise,compared%20to%20the%20previous%20year." target="_blank">significantly increased </a>, Europe is far from the largest host of refugees. <a href="https://www.unhcr.org/global-trends-report-2022" target="_blank">Three-quarters of all migrants</a> move within their own countries or regions. International migrants represent only <a href="https://www.un.org/en/global-issues/migration" target="_blank">3.5%</a> of the global population.</p> <p>However, the vast majority of people in areas exposed to extreme climate-related weather events do not relocate at all, because they are unable or unwilling to leave their homes, according to <a href="https://www.migrationpolicy.org/article/climate-change-trapped-populations" target="_blank">Caroline Zickgraf</a>, deputy director of the Hugo Observatory at the University of Liège.</p> <p>Countries that are severely affected by climate change – notably because of their geographical location and dependence on agriculture – such as Bangladesh, Somalia, Ethiopia, or Sudan, are often also prone to political unrest or conflict.</p> <p>These countries also take in the most refugees. <a href="https://www.unhcr.org/refugee-statistics/" target="_blank">Three-quarters of the world’s refugees</a> are hosted by low- and middle-income countries, with least-developed countries providing asylum to 20% of them.</p> <h3>Helping cities prepare for climate refugees</h3> <p>Through its <a href="/publications/the-eib-climate-adaptation-plan">Climate Adaptation Plan</a>, the European Investment Bank supports displacement hotspots in the EU’s Southern Neighbourhood, Central America, Africa, South Asia, and Southeast Asia. For example, the Bank is working with local banks in Malawi and Zambia to finance smallholder farmers who adopt climate-resilient practices.</p> <p>For least-developed countries and small island developing states, the Bank is ready to extend financing of up to 100% of the cost of climate adaptation projects.</p> <p>However, most people who migrate within their countries relocate to cities. Around <a href="https://www.migrationdataportal.org/themes/urbanization-and-migration" target="_blank">20% of migrants</a> live in the world’s top 20 largest cities. Rural-to-urban mobility caused by climate change is likely to continue growing in sub-Saharan Africa and in South and Southeast Asia, presenting a challenge for urban infrastructure.</p> <p>Investment that takes migrants into account is essential to making cities inclusive, safe, resilient, and sustainable.</p> <p>Building on experience from the <a href="/products/mandates-partnerships/eri/index.htm">Economic Resilience Initiative</a> and its <a href="/publications/eib-strategic-approach-to-fragility-and-conflict">approach to fragility and conflict sensitivity</a>, the European Investment Bank continues to invest in improving the climate resilience of urban infrastructure and services, such as housing, sanitation and water, energy and transport, in cities and communities hosting displaced people, migrants or refugees.</p> <p>For example, the Bank, together with the European Commission, supports the <a href="/stories/aqaba-amman-water-desalination-jordan">Aqaba-Amman water desalination and conveyance project</a>, which will increase access to water across Jordan, a country facing severe water scarcity and with the world’s <a href="https://www.unhcr.org/countries/jordan" target="_blank">second-highest number of refugees per capita</a>.</p> <p>Support for micro, small and medium-sized enterprises focusing on financial inclusion and job creation is also key to integrating migrants in the economy. The European Investment Bank provides credit lines to Jordanian banks and microfinance institutions under the <a href="/projects/pipelines/all/20210088">Global Concessional Finance Facility</a>, so they can lend to small firms that promote the financial inclusion of refugees.<em> </em></p> <h3>A global effort</h3> <p>Around <a href="https://www.ipcc.ch/site/assets/uploads/2022/06/WGII_AR6_Presentation_SB56.pdf" target="_blank">3.5 billion people</a> are estimated to be living in areas highly vulnerable to climate change, notably in Africa and Asia, and up to <a href="https://www.iom.int/complex-nexus" target="_blank">1 billion environmental migrants</a> are expected to do so by 2050.</p> <p>The <a href="https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjPj8rMx_CBAxWR2qQKHcSAAUEQFnoECDQQAQ&url=https%3A%2F%2Fwww.unep.org%2Fnews-and-stories%2Fpress-release%2Fstep-climate-change-adaptation-or-face-serious-human-and-economic&usg=AOvVaw2hO_t-kBr2JuRnxNfogVEI&opi=89978449" target="_blank">UN Environment Programme</a> estimates that climate adaptation will cost developing countries $140 billion to $300 billion per year by 2030, and $280 billion to $500 billion annually by 2050. Helping the countries most affected by climate migration overcome this challenge requires global collaboration and comprehensive strategies to support investment in climate-resilient projects and industries.</p> <p>The European Investment Bank is part of several such initiatives, such as the <a href="/press/all/2018-100-mdbs-launch-new-platform-to-coordinate-support-for-economic-migration-and-forced-displacement">multilateral development banks’ platform on economic migration and forced displacement</a>, which offers opportunities for policy exchange and operational coordination.</p> </div> </div> </div> </section> </div> </div> </div> <aside class="col-sm-4 story-column right-column sticky-sidebar" id="sidebar"> <div class="contact_list"> <section id="storyTags" class="story-content__meta"> <div class=""> <div class="post-tags tag-content__list eib-typography"> <h3 class="tags-label eib-section-title">Related tags</h3> <div class="tags-value show-more--content short-content"> <ul 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