This report shows that, although cities and municipalities across Europe increasingly acknowledge the need to adapt to climate change, meeting the costs of measures for adaptation remains very often a major challenge. Nevertheless, the report presents examples of several cities and municipalities that have found innovative ways of financing adaptation and implementing measures. These range from classic funds to more innovative financing mechanisms, including crowdfunding and green bonds. These solutions could be relevant for other cities, towns and smaller municipalities, and the examples are meant as an inspiration to learn from.
This report shows that, although cities and municipalities across Europe increasingly acknowledge the need to adapt to climate change, meeting the costs of measures for adaptation remains very often a major challenge. Nevertheless, the report presents examples of several cities and municipalities that have found innovative ways of financing adaptation and implementing measures. These range from classic funds to more innovative financing mechanisms, including crowdfunding and green bonds. These solutions could be relevant for other cities, towns and smaller municipalities, and the examples are meant as an inspiration to learn from.
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