Portugal's Minister Carvalho is urging the EU Commission and EIB to finance the country's water resilience, highlighting the need for significant investment due to rising droughts and floods. The government is developing a water strategy and investment plan, collaborating with Spain on water projects, including the Guadiana river initiative.
Spanish Minister Teresa Ribera's appointment as an EU Commissioner presents an opportunity for alliance. Mediterranean countries push for an accelerated European Water Strategy, advocating for CAP financing flexibility, research cooperation, and technological solutions to bolster drought-resilient agriculture.
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