The European Investment Bank (EIB), via the EIB Institute, will donate EUR 250 000 to emergency aid agencies following the major natural catastrophes that struck the Caribbean and Mexico.
The beneficiaries will be Save the Children (Spain), Red Cross (in the Netherlands, France and the UK, and the Federation of Red Cross and Red Crescent Societies based in Switzerland), Médecins du Monde (Luxembourg), CARE (Luxembourg) and UNICEF (the Netherlands).
In September, the Caribbean and Mexico were struck respectively by Irma and Maria, two hurricanes of exceptional strength, and two powerful earthquakes. In an effort coordinated by the EIB Institute, the EIB Group raised money from its staff, which was topped up by the Bank.
The EIB Group has in the recent past contributed to relief efforts for other humanitarian disasters including Hurricane Matthew in Haiti in October 2016, the flooding and mudslides in Peru and Colombia in 2017 and the forest fires in Portugal also in 2017.
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