Unlocking Funding for Local Adaptation Efforts

Description

In today’s challenging economic environment, securing the necessary funding is crucial for European cities to drive the large-scale social, economic, and infrastructure transformations required for climate neutrality and adaptation. Public and private funding must be better aligned with local action and investment plans, such as the Climate Contracts developed by cities participating in the EU Mission.

What challenges does financing adaptation pose for local authorities? How can we mobilize resources to meet these needs? What financial mechanisms and public instruments can be leveraged? Which needs should be prioritized, and which stakeholders should be supported? Several cities from the EU “Smart and Climate-Neutral Cities” mission will share their needs, challenges, and successes with the European and national levels to improve synergy in adaptation funding at different levels.