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IOM – EIB to promote safety of migrants and resilience of affected communities 

GENEVA, Switzerland – The International Organization for Migration (IOM) and the European Investment Bank (EIB) on November 10, signed an agreement that aims to strengthen their collaboration in supporting safe, humane and regular migration, while enhancing economic and climate resilience of communities of origin transit and destination.

According to the World Migration Report (WMR 2020), out of a global population of 7.7 billion people in 2019, 272 million were international migrants, a number and proportion that already surpassed some projections made for 2050.

The five-year partnership, in line with implementation of the Sustainable Development Goals (SDGs), will focus on labour mobility and migrant integration; displacement, humanitarian assistance and emergency response; climate change and its impact on migration; migration health including COVID-19 response; developmental and peace nexus; technology, data and innovation.

“IOM has called for a stronger focus on human mobility inclusion in climate policies,” said IOM director – general António Vitorino. “The partnership signed today with EIB is a strategic step towards acknowledging the connections between climate change, the pandemic recovery and the SDGs, and reinforcing efforts to ensure the implementation of the Global Compact on Migration.”

EIB vice-president Ricardo Mourinho Félix said the effects of climate change are hitting disproportionately the poorest and most vulnerable regions, communities and individuals. “People are being displaced because they lack access to drinking water and food or simply because their places are not liveable anymore. Climate adaptation will play a key role in building a more resilient society leaving no one behind. EIB is very pleased to join forces with IOM today and contribute together to achieving the UN Sustainable Development Goals.”

The past few decades have seen a rise in human mobility because of climate change and environmental degradation. The Internal Displacement Monitoring Center says almost 31 million new displacements were triggered by disasters in 2020, 98 percent of which were weather-related. According to the World Bank, by 2050, without concrete climate and development action, climate change could force more than 216 million people to migrate within their own countries, mainly in Africa, Asia and Latin America.

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