The webinar, held on November 7, 2024, explored innovative mechanisms, tools and solutions to unlock financing sources and private investments for climate adaptation and nature restoration. Focusing on key elements to bridge the adaptation finance gap – including bankability criteria for adaptation projects, the design of local investment strategies and the role of the insurance sector – the discussion touched upon aspects and areas strictly close to NATURANCE’s scope and goal.
The discussion featured interventions by Giulia Galluccio (CMCC), Beatriz Mayor (Ricardo PLC, representing the EU Mission on Adaptation to Climate Change and the Green Deal Support Office), Amalie Bjørnåvold (University of Antwerp), Stephen Hart (the European Investment Bank), Linda Romanovska (University of Antwerp /EU Platform on Sustainable Finance), Fred Hattermann (Potsdam Institute for Climate Impact Research), Rolf Hogan (Landscape Finance Lab) and Shiri Zemah Shamir (Reichman University).
The event was part of the EU TransformAr project, in collaboration with the MIP4Adapt and the GDSO, as part of the activities of the Peer-2-Peer programme and the Working Group on Biodiversity and Climate Change. The latter fosters collaborations among projects funded under the H2020 Green Deal Call working on climate and biodiversity.
TransformAr aims to promote large-scale transformative adaptation in vulnerable European regions with a range of actionable adaptive solutions covering nature-based solutions, innovative technologies, financing, insurance models, awareness programs, and governance models.