21 June 2020. BRIDGETOWN, Barbados — The European Investment Bank (EIB) has agreed to support priority water investment across Barbados, to improve water supply across the country. The $USD 12 million loan to the ministry of finance will allow the Barbados Water Authority (BWA) to rehabilitate the island’s drinking water distribution network by improving efficiency, service quality, and resilience to mitigate the adverse effects of climate change.