"The EIB is exploring ways to scale up climate finance," it said in a statement on Friday at an international summit being held in Paris.
EIB Global, the arm of the bank that lends outside the EU, invests around 10 billion euros ($10.87 billion) a year.
It is estimated that roughly half of that money goes to countries that could be eligble for the new clauses.
"We know that more climate disasters are coming," Maria Shaw-Barragan, a Director of Lending the bank told Reuters.
"So it makes sense for the MDBs, and bilateral lenders, to include these clauses in order to give countries some breathing space."
Persons:
Maria Shaw, Barragan, Marc Jones, Mark Heinrich, Louise Heavens
Organizations:
European Investment, LONDON, European Investment Bank, World Bank, EIB, Reuters, Thomson
Locations:
Paris