Bridging the Climate Resilience Finance Gap
CLIMATEFIT unites public and private sectors in a transformative quest for climate resilience. We’re amplifying EU territories adaptation capacities, unveiling resilient investment avenues, and co-creating innovative strategies, while spotlighting 20 pivotal case studies across three key regions.
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
Financial 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 Finace 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 succesful 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-selling tools
1 – 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
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
2 – Taskforces for Local Impact
- Form Local Resilience Taskforces to de-risk and co-finance projects, advocating for strategic and transformative investments
3 – Innovative Financing
- Pair public authorities with financial experts
- Develop 20 new investment cases via investEU
