Adaptation Finance: Bridging the Gap Between Financiers and Cities climate-neutral cities and regions

26 June 14:30 - 15:45

Location: Sala Lucrecia Bori

In the session on "Mobilising finance and funds for adaptation," we recognize that addressing climate adaptation challenges requires a multifaceted approach involving both government and investor participation. While there are existing maturity assessment models for measuring public authorities' capabilities in technical aspects of adaptation, there is a need for similar models that focus on funding and finance capabilities for adaptation. This session will present a recently developed and piloted finance-focused maturity assessment model (MAM) for both public authorities and financing entities such as banks, pension funds, and insurance companies. The MAM aims to assist financiers and investors in comprehensive climate action on adaptation, offering a framework for self-assessment and planning. Additionally, it provides public authorities with insights into the adaptation finance capabilities and preferences of the investors they engage with. Understanding maturity on both the supply and demand sides is crucial for unlocking finance for adaptation.
 
Furthermore, this session delves into the opportunities and barriers to financing climate adaptation actions in cities. It will feature financing experts that will present successful business cases which have attracted financial institutions' interest, and also city practitioners sharing their experiences in maturing projects to bankability level while ensuring resilience co-benefits.  
Engage with potential partners by inviting sister projects from Horizon 2020, such as Regilience.

  • Provide valuable content for our resilience investment initiatives.
  • Address Regilience's goals by exploring case studies that test public-private partnerships and ensuring relevance to city contexts.

This session is part of the Enabling the transformation to resilient, adaptive and climate-neutral cities  stream.

Speakers

Leon Kapetas

Lead for Climate Resilience, Resilient Cities Network (Netherlands)

Leon Kapetas, Lead for Programs, Climate Resilience, Global Resilient Cities Network

 

A hydrologist by training, Leon is Lead of Climate Resilience for the Global Resilience Cities Network. Leon works closely with cities to support them in understanding climate risks and developing capacity towards planning and implementing resilience-building measures. He is particularly interested in Nature-based Solutions (NbS) as a vehicle for adapting to climate change and meeting sustainable urban development objectives.
Leon has experience in research and consulting environments across high-, middle- and low-income countries. He has previously worked as consultant for the World Bank to develop climate risk assessments in the sub-Saharan Africa context. He also worked in South America on water resources development in Andean catchments. Leon has worked as an expert for the European Commission to support Blue-Green infrastructure programs. As Research Associate at the University of Cambridge, Leon developed NbS appraisal schemes in the context of adaptation planning.

Duncan Booker

Chief Resilience Officer, Glasgow City Council

Duncan Booker, Chief Resilience Officer, Glasgow City Council

Dr Duncan Booker is Chief Resilience Officer for Glasgow City Council, with responsibility for a policy agenda that includes the green economy, innovation and international links.  He was previously part of the city’s COP26 team, with a key remit to engage the city’s existing sustainability ambitions with the event and deliver a legacy from it.   Duncan drafted the city’s cross-party recommendations on the climate emergency in 2019, which resulted in Glasgow committing to achieve carbon neutrality by 2030.  More recently, he has worked with partners to support delivery of an Innovation Action Plan for Glasgow City Region.   He is a graduate of the Universities of Oxford and Glasgow. 

Conrad Landis

Senior Researcher, Adjunct Professor, Athens University of Economics and Business (AUEB)

Conrad Landis, Senior Researcher, Adjunct Professor, Athens University of Economics and Business (AUEB)

Conrad Felix Michel Landis is a Post-Doc Researcher at the Research Laboratory on Socio-Economic and Environmental Sustainability (RESEES), Athens University of Economics and Business, and a Senior Researcher at ATHENA RC, Sustainable Development Unit. He is an Adjunct Professor at the MSc Banking and Finance, Athens University of Economics and Business, and the Indian Institute of Management of Rohtak. He holds a PhD in Financial Econometrics (Asset Pricing) from the Athens University of Economics and Business, a M.Sc. in International Economics and Finance, and a BSc in Economics from the Department of International & European Economic Studies, Athens University of Economics and Business. His research interests lie in econometrics, sustainable finance, environmental economics, empirical finance, and numerical optimization.

Laura Armayones Carranza

Innovation consultant, Eurecat

Laura Armayones Carranza, Innovation consultant, Eurecat

Innovation consultant at Eurecat working on transdisciplinary R&D european and regional projects. Laura leads WP6 on policy and finance in the IMPETUS project. She holds a bachelor's degree in Economicy and postgraduate studies on climate resilience. 

Alexandra Jaunet

Climate Resilience Consultant, Actierra

Alexandra Jaunet, Climate Resilience Consultant, Actierra

Graduated from Sciences Po in resilient urban management, Alexandra joined Actierra as a Climate resilience consultant. She has four years of experience, first at the French Development Agency (urban planning), then within a startup studio specializing in European research projects (circular economy, industrial symbiosis, wastewater reuse, nature-based solutions, etc.).
Alexandra has been working as a project manager for climate change adaptation in coastal area in France, as well as for the creation of an ""urban cooling"" kit for ADEME. She is leading tasks related to public authorities skill building in the European project Climate Fit.

Stéphane Simonet

ACTIERRA/TransformAr

StÉphane Simonet, ACTIERRA/TransformAr

Stephane SIMONET is a climate change expert with more than 20 years of experience on innovative climate change adaptation policies, programmes and projects. He has worked on a variety of issues and initiatives, undertook extensive in-country missions and cooperated with a wide range of organizations and development agencies in Europe and abroad (UN, EU, World Bank, Green Climate Fund, etc.). He founded in 2013 an international consultancy specialized in climate risks management which became in 2024 ACTIERRA, an engineering and consulting company working on climate and ecological transitions. Stephane operates now as ACTIERRA’s Climate Director and is involved in several EU-funded programmes, such as TransformAr and ClimateFit, dealing with accelerating transformative adaptation and climate finance across Europe.

Moderator

Nuha Eltinay

Senior Expert, Resilience and Climate Adaptation, ICLEI Europe

Nuha Eltinay, Senior Expert, Resilience and Climate Adaptation, ICLEI Europe

Dr. Nuha Eltinay is a Senior Urban Resilience and Climate Adaptation Expert at ICLEI Europe, worked previously as a Senior Urban Specialist at the World Bank MENA Urban, Disaster Risk Management, Resilience and Land Global Practice, and supported the UNDRR in the training and implementation of the DRR and Climate Change Comprehensive Risk Management program in the MENA Region, addressing loss and damage interrelated disasters socio-economic impact. Receiving her PhD in Urban Resilience from London South Bank University, and MSc from University of Westminster in International Planning and Sustainable Development. Nuha has several Academic Research papers and contributes to a number of policy documents such as 2019 UNDRR Global Assessment Report and 2019 Overseas Development Institute study on Disaster risk reduction, urban informality and a ‘fragile peace’. Nuha Eltinay recently launched 2024 Book Publication ‘Urban Resilience and Climate Change in the MENA Region’ documenting her PhD journey and provides an overview of the geopolitical context and climate change risk profile of the MENA Region.