Strategic Goals for CLIMATEFIT

Strategic Investment and Capacity Enhancement

1- Global Investment Mapping

  • Assess 20 regions' finance needs for climate resilience.
  • Align with EU Taxonomy for sustainability.

2- Empower Public Authorities

  • Train 20 EU authorities on climate finance options.
  • Share tools for project development

3- Innovative Financing

  • Pair public authorities with financial experts
  • Develop 20 new investment cases via InvestEU.
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Financing Scalability and Integration

1- Bridging Finance Gaps

  • Offer strategies for private investment incentives.
  • Improve financial transparency in climate resilience.

2- Expand Funding Reach

  • Aggregate small projects for larger impact.
  • Share best practices across a European network.

3- Scaling European Missions

  • Support European adaptation to climate finance
  • Use public funds to attract private investment.

Anticipated Outcomes

Streamlining Finance and Building Expertise

1- Unified Financing Framework

  • CLIMATEFIT will streamline collaboration for innovative finance across EU contexts, focusing on 20 cases to overcome barriers and sharing successful financial instruments.

3- Comprehensive Finance Guide

  • Develop a manual for public authorities on leveraging tailored financing models and creating resources like a leverage manual and priority-setting tools.

2- Enhanced Capacity Development

  • 2Launch a Capacity Building Programme to boost institutional capacity, offering e-learning based on successful initiatives like the EU City Facility project.
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Empowering Policy and Local Action

1- Facilitating Private Investment

  • Establish a pathway for resilience financing and private investment, including credit scoring that integrates climate resilience.

3- Innovative Financing

  • Pair public authorities with financial experts
  • Develop 20 new investment cases via InvestEU.

2- Taskforces for Local Impact

  • Form Local Resilience Taskforces to de-risk and co-finance projects, advocating for strategic and transformative investments.
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