The starting point for the LIFE CITYAdaP3 project is the fact that a large part of the municipalities affiliated to the CoM – Covenant of Mayors – see a lack of financial resources as the main barrier to the effective implementation of climate-change adaptation planning.
This is where the project comes in, whose main objectives are:
- To involve the EU private sector in the financing of urban adaptation in two ways: i) by developing public-private cooperation programmes between companies and local authorities; ii) by integrating climate change adaptation into Corporate Social Responsibility (CSR) issues.
- To strengthen the CoM through the implementation of Sustainable Energy and Climate Action Plans (SECAPs).
The main actions to achieve these objectives included:
- Designing PPP models transferable to other EU cities to enable private sector financing of climate change adaptation.
- Implementation of adaptation measures in four EU municipalities.
- Involvement of the private sector in the implementation of action plans.
The project was published in Climate-ADAPT 27. July 2022 and last modified on 12. Dec. 2023.
EC Public Database: LIFE CITYAdaP3
Acciones para la adaptación al Cambio Climático | Life Cityadap3 | España