The contract aims to establish a specialised service to support EIB in its climate risk assessments, as well as develop climate hazard indicators to feed into the CDS. The contract objectives are summarised as follows: - To co-create and develop a climate service for the EIB, based on their needs for climate data, information and indicators relevant to multiple sectors. - To deliver operationally ready products, supported by comprehensive documentation in accordance with C3S and ECMWF standards. - To ensure computational efficiency in the implementation and execution of these services. - To provide clear documentation, its ongoing maintenance, and updates during the contract. - To maintain confidentiality of any EIB data and information, that may be require for EIB climate services but not delivered to the public facing CDS.