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EEA publish new report

EEA publish new report

06-04-2017
Despite budgetary challenges, cities and towns across Europe are taking action to put in place measures that will help them adapt to the impacts of climate change. A new European Environment Agency (EEA) report highlights the opportunities open to municipalities to share best practices and how they can support projects like green roofs or expanding city parks to help alleviate the negative effects of climate change.

The EEA report “Financing urban adaptation to climate change,” takes a closer look at innovative funding options now being used, such as green bonds and crowdfunding, alongside traditional funding channels. The report includes case studies that analyse how 11 cities across Europe are developing, funding and implementing urban adaptation measures. The case studies outline various projects that will help cities better protect themselves from the damage caused by extreme weather events. These include building more green spaces and installing green roofs, which enhance water retention and provide cooling as well as thermal insulation.

The publication is meant to serve as a resource for adaptation financing providers and project developers from international, national or regional public bodies and private institutions. The report also includes a helpful annex providing an overview of European-level financing options available to municipalities.