Better understanding incentives for private sector financing of adaptation solutions

The main goal of this opportunity is to accelerate Europe’s transformation towards climate resilience by supporting the EU Mission on Adaptation to Climate Change. The focus is on mobilizing private sector financing for adaptation solutions, developing innovative investment concepts, and addressing financial challenges at regional and local levels. Projects should test adaptation solutions through case studies and encourage collaboration among research institutes, industry, investors, and citizens. Activities must take place in EU Member States or Horizon Europe Associated Countries, with solutions tested in at least three different countries.

• Projects must follow page limits and layout requirements specified in the application guidelines.
• They must involve partners from EU Member States or Horizon Europe Associated Countries.
• Applicants must show they have the capacity to manage and deliver the project.
• Proposals are assessed based on clear evaluation criteria and thresholds.
• Costs must be presented as lump sums, as required by the programme.
• Each project must include collaboration with relevant knowledge platforms and private sector actors, and address barriers to financing adaptation.
• Projects must produce at least 8 case studies in 3 different countries, including at least 3 nature-based solutions.

Examples:

• A project that creates new business models for financing urban green infrastructure, tested in cities in Spain, Germany, and Poland.
• An initiative that brings together investors and local governments to fund flood resilience measures, with case studies in Italy, France, and Greece.
• A partnership between research institutes and companies to pilot nature-based adaptation solutions in three coastal regions across different countries.

• Personnel costs for project staff
• Subcontracting costs for specialized services
• Costs for equipment and materials needed for project activities
• Travel and accommodation for project-related meetings and fieldwork
• Costs for organizing workshops, stakeholder engagement, and dissemination events
• Communication and outreach expenses
• Costs related to data collection, monitoring, and evaluation of adaptation solutions
• Expenses for collaboration with knowledge platforms
• Project management and coordination costs

Note: All expenses must be included in the lump sum and comply with the programme’s simplified cost rules.

• Budget for this Call: 6,000,000€
• Number of Grants attributed: 2
• Budget per grant: 3,000,000€

• Applicants must follow the required format and page limits for proposals.
• Projects must involve eligible partners from EU Member States or Horizon Europe Associated Countries.
• Applicants must demonstrate the ability to manage and deliver the project.
• Proposals must meet the evaluation and award criteria set by the programme.
• Collaboration with knowledge platforms and private sector actors is required.
• Projects must address barriers to financing climate adaptation solutions.
• At least 8 case studies in 3 different countries, including 3 nature-based solutions, must be included.