CLIMATEFIT_HEU

💼 Weekly best practice: Greater Cape Town Water Fund 💼 As announced a few weeks ago, we’re diving into the details of the 20 best practices identified through our research during the first year of the project. This week, we spotlight a groundbreaking initiative that demonstrates how collective action and blended finance can drive impactful climate adaptation solutions. 🌍💧 🌍 The Greater Cape Town Water Fund (GCTWF) is a pioneering collective action funding and governance mechanism that empowers downstream public and private water users in Cape Town to support catchment restoration in upstream communities. Initiated by The Nature Conservancy (TNC) in 2017, GCTWF aims to clear invasive species in Cape Town’s sub-catchment areas to enhance water supply and security, following severe droughts between 2015 and 2018. The GCTWF is an example of blended finance that pools financial resources from various sources and through various instruments, including public sector budgets through performance-based contracts, philanthropic contributions, and direct corporate investments from water-dependent industries. 🌱💧 GCTWF is one of over 30 water funds established by TNC across North and Latin America, and Africa, showcasing a scalable and replicable model for other contexts. In 2024, TNC published the business plan of the Norfolk Water Fund, the first Water Fund in Europe (UK). Download now the complete best practice reports and the methodology report from our page 👉  Knowledge center – ClimateFit (climatefit-heu.eu) 🌍💼🌱 #CLIMATEFIT #ClimateFinance #EUMissions #HorizonEU #MissionClimateAdaptation World Climate Foundation | Research Group for Urban Development - University of Antwerp | SEI — Stockholm Environment Institute | CMCC Foundation - Centro Euro Mediterraneo sui Cambiamenti Climatici | ICLEI Europe | Forum per la Finanza Sostenibile (ItaSIF) | Actierra | SustainAdvisory Srl | Ramboll | Euroquality - Tinexta Group | Enviros Group | Ambiente Italia S.r.l. | Energetsko podnebna agencija ENERGAP | AdEPorto - Agência de Energia do Porto | Alba Local Energy Agency - ALEA | Diputación Provincial de Ávila | Agence du climat, le guichet des solutions | COMUNE DI BRESCIA | Departement Omgeving | Ville et Eurométropole de Strasbourg | Municipiul Alba Iulia | Stad Genk | Paris Europlace | Fondul Roman pentru Eficienta Energiei | CINEA - European Climate, Infrastructure and Environment Executive Agency

🌍 Learn more about combining public and private funding to adapt to climate change 🌍 Tomorrow, 7 November, don’t miss this insightful webinar hosted by the EU Mission on Adaptation to Climate Change. This event will delve into innovative strategies for bridging the gap between public and private funding in climate adaptation finance — a topic central to our work in the CLIMATEFIT project. 💡 Registrations are still open! 🌍💼🌱 #CLIMATEFIT #ClimateFinance #EUMissions #HorizonEU #MissionClimateAdaptation

🎙 The webinar “Overcoming regulatory and structural challenges in climate adaptation finance” was held yesterday, organised by CLIMATEFIT_HEU to assist financial institutions in navigating the complexities of climate adaptation regulations. 🔵 The event began with opening remarks from Sara Tarì (Research and EU Projects Officer, ItaSIF) and Davide Chiaramonte (EU Projects Assistant, ItaSIF), who introduced the CLIMATEFIT project, shared its preliminary findings, and highlighted key opportunities for financial and investment stakeholders. 🔵 Swan Senesi (Government Partnerships for Climate, World Food Programme) provided a briefing on developments from COP29, underscoring the shortfall in climate adaptation financing. Senesi noted that the Parties at COP29 are awaiting a clear signal from the G20 summit in Brazil, with G20 leaders advocating for a substantial scaling of climate finance from billions to trillions. 🔵 Isabel Reuss (Senior Climate and Social Advisor, ItaSIF) addressed the opportunities within EU adaptation finance, focusing on the taxonomy as a critical performance indicator, alongside mechanisms such as sustainable bonds, green bonds, and basket bonds. 🔶 The webinar also featured a panel discussion titled “Scaling climate adaptation: best practices and success stories”, moderated by Varnika Srivastava (Universiteit Antwerpen). Alexandra Gropp (Head of Placement and Debt Capital Markets, Banca Finint) presented the Viveracqua Hydrobond case, while Greg Cannito (Chairman of the Board, Corvias Infrastructure Solutions) discussed the Clean Water Partnership initiative. 🔶 The panel discussion was followed by two interactive breakout sessions. The first session examined strategies to align financial activities with EU climate policies, focusing on compliance with the EU Taxonomy, SFDR, and CSRD. The second session explored the role of public-private partnerships (PPPs) in scaling adaptation finance, with discussions on risk-sharing mechanisms, profitability, and challenges inherent in PPP structures. CMCC Foundation - Centro Euro Mediterraneo sui Cambiamenti Climatici

📢 Join our upcoming training event on climate adaptation finance 🌍💼   We’re excited to share that the full agenda for our training event, “Overcoming regulatory and structural challenges in climate adaptation finance,” is now available on our website! This session, set for 20th November, will bring together Financing and Investment Entities (FIEs) to explore practical solutions for climate adaptation financing.   🔗 Explore the agenda and register here: https://lnkd.in/es7yr25z   🌱 What to expect: - In-depth presentations and discussions on regulatory frameworks and adaptation finance mechanisms. - Real-world case studies and interactive breakout rooms for engaging and applied learning.   Don't miss this chance to enhance your expertise in climate resilience finance and connect with key professionals in the field. Registration is still open, and all event details, including access links, can be found on our website.   We look forward to seeing you there! 🌍💼🌱 #CLIMATEFIT #ClimateFinance #EUMissions #HorizonEU #MissionClimateAdaptation World Climate Foundation | Research Group for Urban Development - University of Antwerp | SEI — Stockholm Environment Institute | CMCC Foundation - Centro Euro Mediterraneo sui Cambiamenti Climatici | ICLEI Europe | Forum per la Finanza Sostenibile (ItaSIF) | Actierra | SustainAdvisory Srl | Ramboll | Euroquality - Tinexta Group |ENVIROS, s.r.o. | Ambiente Italia S.r.l. | Agency ENERGAP | AdEPorto - Agência de Energia do Porto | Alba Local Energy Agency - ALEA | Diputación Provincial de Ávila | Agence du climat, le guichet des solutions | COMUNE DI BRESCIA | Departement Omgeving | Ville et Eurométropole de Strasbourg | Municipiul Alba Iulia | Stad Genk | Paris Europlace | Fondul Roman pentru Eficienta Energiei | CINEA - European Climate, Infrastructure and Environment Executive Agency

Since October 2023, the #MIP4Adapt #TechnicalAssistance has made measurable strides in building local capacity and advancing adaptation efforts.🌍 Check out the latest feature article that showcases the role of the Technical Assistance programme in enhancing climate resilience in EU regions. It highlights key outputs from #MissionClimateAdaptation Charter Signatories, testimonials and more! 👀 https://ow.ly/bAt850TWYps Calling all eligible Charter Signatories! Apply before the next cut-off, 30 November 👉 https://ow.ly/GZT250TWYpt #EUmissions #HorizonEU

🚀 Upcoming event – Overcoming regulatory and structural challenges in climate adaptation finance 🚀 Join us on 20th November for a highly focused training session aimed at enhancing the capacity of Financing and Investment Entities (FIEs) to support climate adaptation projects by addressing key regulatory and structural challenges. 🌍💡 Register HERE: https://lnkd.in/eiy99E99 🌱 What to Expect: Keynote speech providing an overview of regulatory frameworks and financial mechanisms for climate adaptation. Real-world case studies offering actionable strategies for overcoming obstacles in adaptation finance. Breakout rooms to dive into key topics like aligning financial goals with policy objectives and mobilizing private capital through Public-Private Partnerships (PPP). 🔑 Key Objectives: 1. Address the regulatory and policy frameworks that support or hinder climate adaptation investments. 2. Learn about market opportunities and tools that enable investment in climate-resilient projects. 3. Understand the structural and financial incentives that can make adaptation investments more feasible. Don’t miss this chance to deepen your understanding of climate resilience finance and engage with experts and peers in the field! 🌱💼 🌍💼🌱 #CLIMATEFIT #ClimateFinance #EUMissions #HorizonEU #MissionClimateAdaptation World Climate Foundation | Research Group for Urban Development - University of Antwerp | SEI — Stockholm Environment Institute | CMCC Foundation - Centro Euro Mediterraneo sui Cambiamenti Climatici | ICLEI Europe | Forum per la Finanza Sostenibile (ItaSIF) | Actierra | SustainAdvisory Srl | Ramboll | Euroquality - Tinexta Group | ENVIROS, s.r.o. | Ambiente Italia S.r.l. | Agency ENERGAP | AdEPorto - Agência de Energia do Porto | Alba Local Energy Agency - ALEA | Diputación Provincial de Ávila | Agence du climat, le guichet des solutions | COMUNE DI BRESCIA | Departement Omgeving | Ville et Eurométropole de Strasbourg | Municipiul Alba Iulia | Stad Genk | Paris Europlace | Fondul Roman pentru Eficienta Energiei | CINEA - European Climate, Infrastructure and Environment Executive Agency

🌍 Webinar alert! Bridging the adaptation finance gap 🌍 We’re excited to share that the CLIMATEFIT_HEU project will join the final webinar of the TransformAr series, organized by CMCC Foundation - Centro Euro Mediterraneo sui Cambiamenti Climatici in collaboration with Mission Implementation Platform for Adaptation to Climate Change (MIP4Adapt) and the Green Deal Support Office (GDSO). Join us on 7 November, 10:00-12:00 CEST to explore innovative tools and solutions for unlocking financing sources and investments to advance climate resilience. 💡 📅 Event: Bridging the adaptation finance gap: how to unlock financing sources and investments for climate resilience 🎤 Speakers: Insights from the European Investment Bank, the Potsdam Institute for Climate Impact Research, CLIMATEFIT, and more! 📌 Highlights: - Explore bankability criteria for adaptation projects. - Learn how to design local investment strategies. - Discover the role of the insurance sector.   📝 Register here: https://lnkd.in/e8Na36sF   Join us for an engaging session aimed at policymakers, practitioners, and all involved in climate adaptation finance. Let’s work together to bridge the adaptation finance gap! 🌱💼 #ClimateResilience #AdaptationFinance #TransformArProject #ClimateFitProject #GreenDealEU

🤝 Meet our partners 🤝 🌍 The city of Genk, home to over 67,900 residents and spanning 88 km², has a unique urban structure shaped by its late 20th-century development around coal mine sites. This polycentric city, embedded in the landscape, faces challenges such as the reduction of green spaces due to ongoing urban developments. In response, Genk is actively implementing climate adaptation projects to reshape its urban environment. Two of the city's most notable initiatives include: - The redevelopment of the main city square, transforming it from a predominantly paved area into a green urban space. - The re-naturalisation of the Stiemer valley, which runs through the city, enhancing both ecological and urban resilience. Additionally, the ongoing Genk Verruimt research explores how to manage predicted urban growth, demographic shifts, and mobility while improving the quality and size of open spaces. The research treats these as complementary aspects of a climate-resilient urban fabric, focusing on strategies to integrate climate adaptation measures within private developments to ensure city-wide impact. 🎯 In CLIMATEFIT, Genk represents the Belgium planner case study, showcasing innovative approaches to sustainable urban development and climate adaptation. 🌱 Join us in our mission to create a sustainable and resilient future for the city of Genk and beyond! 🌍💼🌱 🌍💼🌱 #CLIMATEFIT #ClimateFinance #EUMissions #HorizonEU #MissionClimateAdaptation World Climate Foundation | Research Group for Urban Development - University of Antwerp | SEI — Stockholm Environment Institute | CMCC Foundation - Centro Euro Mediterraneo sui Cambiamenti Climatici | ICLEI Europe | Forum per la Finanza Sostenibile (ItaSIF) | Actierra | SustainAdvisory Srl | Ramboll | Euroquality - Tinexta Group | Enviros Group | Ambiente Italia S.r.l. | Agency ENERGAP | AdEPorto - Agência de Energia do Porto | Alba Local Energy Agency - ALEA | Diputación Provincial de Ávila | Agence du climat, le guichet des solutions | COMUNE DI BRESCIA | Departement Omgeving | Ville et Eurométropole de Strasbourg | Municipiul Alba Iulia | Stad Genk | Paris Europlace | Fondul Roman pentru Eficienta Energiei | CINEA - European Climate, Infrastructure and Environment Executive Agency

🌟 New result out! 🌟 📢 We are excited to share that we have conducted in-depth research on 20 international best practices of innovative Adaptation Funding and Financing Solutions. Each case provides an inspirational example of successfully raising financial resources for climate adaptation or other climate measures 🌍 Our analysis covered: 🔍 Local context 🔍 Governance and organizational structure 🔍 Business and financial models 🔍 Successes and limitations 🔍 Conditions for transferability In the coming weeks, we'll be taking a closer look at each of these best practices 💡 Download now the complete best practice reports and the methodology report on our website from the page "Knowledge center" (https://lnkd.in/es37C6dn) 🌍💼🌱 #CLIMATEFIT #ClimateFinance #EUMissions #HorizonEU #MissionClimateAdaptation World Climate Foundation | Research Group for Urban Development - University of Antwerp | SEI — Stockholm Environment Institute | CMCC Foundation - Centro Euro Mediterraneo sui Cambiamenti Climatici | ICLEI Europe | Forum per la Finanza Sostenibile (ItaSIF) | Actierra | SustainAdvisory Srl | Ramboll | Euroquality - Tinexta Group |ENVIROS, s.r.o. | Ambiente Italia S.r.l. | Agency ENERGAP | AdEPorto - Agência de Energia do Porto | Alba Local Energy Agency - ALEA | Diputación Provincial de Ávila | Agence du climat, le guichet des solutions | COMUNE DI BRESCIA | Departement Omgeving | Ville et Eurométropole de Strasbourg | Municipiul Alba Iulia | Stad Genk | Paris Europlace | Fondul Roman pentru Eficienta Energiei | CINEA - European Climate, Infrastructure and Environment Executive Agency

🤝 Meet our partners 🤝 🌍 Strasbourg Eurometropolis is the local authority for the Strasbourg metropolitan area in France, situated close to the German border. Covering 33 municipalities and home to around 500,000 inhabitants over 340 km², Strasbourg Eurometropolis has been at the forefront of climate action. In 2020, the Eurometropolis affirmed its commitment to climate action by signing a statement on climate urgency. The city is particularly vulnerable to rising temperatures and flood risks, followed by the proliferation of invasive species and soil shrinkage-swelling. To address these issues, Strasbourg is implementing sustainable urban planning initiatives such as nature-based solutions that simultaneously reduce flood risks (e.g., through improved rainwater infiltration) and enhance overall quality of life by mitigating heat islands and promoting social and environmental justice. 🎯 In CLIMATEFIT, Strasbourg Eurometropolis, alongside the Agence du Climat, represents the French leader case study, showcasing innovative strategies in climate adaptation and sustainable urban planning. 🌐 Access our website to learn more about Strasbourg Eurometropolis and what they do in the project 🌱💼🌍 #CLIMATEFIT #ClimateFinance #EUMissions #HorizonEU #MissionClimateAdaptation World Climate Foundation | Research Group for Urban Development - University of Antwerp | SEI — Stockholm Environment Institute | CMCC Foundation - Centro Euro Mediterraneo sui Cambiamenti Climatici | ICLEI Europe | Forum per la Finanza Sostenibile (ItaSIF) | Actierra | SustainAdvisory Srl | Ramboll | Euroquality - Tinexta Group | Enviros Group | Ambiente Italia S.r.l. | Agency ENERGAP | AdEPorto - Agência de Energia do Porto | Alba Local Energy Agency - ALEA | Diputación Provincial de Ávila | Agence du climat, le guichet des solutions | COMUNE DI BRESCIA | Departement Omgeving | Ville et Eurométropole de Strasbourg | Municipiul Alba Iulia | Stad Genk | Paris Europlace | Fondul Roman pentru Eficienta Energiei | CINEA - European Climate, Infrastructure and Environment Executive Agency