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Climate top priority for Italians after cost of living - EIB

Climate top priority for Italians after cost of living - EIB

Survey says 91% think investing in adaptation can create jobs

ROME, 11 November 2024, 10:41

ANSA English Desk

ANSACheck
- ALL RIGHTS RESERVED

- ALL RIGHTS RESERVED

Climate change is the top priority for Italian people after the cost-of-living crisis, according to the European Investment Bank's (EIB) annual Climate Survey, released on Monday as the UN COP29 Conference kicks off in Baku.
    The study said that over two-thirds of Italian respondents (67%, 17 points above the EU average of 50%) consider climate adaptation a priority for their country in the coming years.
    It said 97% of Italian respondents say it is important for their country to adapt to climate change, while 91% agree that spending on adaptation is required urgently to avoid even higher costs in the future.
    Furthermore, 91% of Italian respondents say that investing in climate change adaptation can create jobs and boost the local economy.
    Scientists say the climate crisis caused by human greenhouse gas emissions is making extreme weather events such as heatwaves, droughts, supercharged storms and flooding more frequent and more intense.
    Italy has experienced a long series of such events in recent years.
    This year intense heatwaves and extreme droughts have impacted southern regions, with Sicily and Sardinia hit especially severely, while heavy rainfall has led to flooding in Piedmont, Emilia-Romagna and Marche, prompting the authorities to declare a state of emergency.
    "The devastation caused by extreme weather events is now a concrete reality for Italy, and the majority of Italians recognise the urgency of investing in climate change adaptation measures. In Sicily, for example, an unprecedented drought has put millions of people in need of water,' said Gelsomina Vigliotti, EIB Vice-President.
    "The European Investment Bank strongly supports Italy, financing projects that not only protect communities but also create jobs and strengthen local economies.
    "By investing today in climate adaptation strategies and offering free advisory services to public administrations, we can build a more resilient and prosperous future for the country." Scientists say the Mediterranean is a climate hotspot, with temperatures rising even faster here than in other parts of the world.
    Although there are many sources of the greenhouse gases that are causing global heating, the main driver is the burning of fossil fuels such as oil, gas and coal, sales of which generate huge profits for the world's energy giants.
   

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