The World Climate Foundation Is Leading the CLIMATEFIT Project Funded by the Horizon Europe
The World Climate Foundation is proud to announce that we are leading CLIMATEFIT, a continent-wide project to support EU territories in building resilience to climate change, as a part of the Horizon Europe Programme.
The impact of climate change on Europe's weather patterns has been significant, affecting individuals, infrastructure, and economies. The summer of 2023 brought several extreme weather events, including blistering heatwaves, prolonged droughts, devastating floods, and destructive forest fires that caused significant damage and left a lasting impression on the Region.
CLIMATEFIT is a crucial 40-month project aimed at tackling these climate-related challenges. The project, with a budget of 5.8 million EUR, is funded by the Horizon Europe Programme. Its primary objective is to support EU territories in their quest for climate adaptation by bridging the finance gap, providing vital insights, and building capacities of public authorities. The project will play a crucial role in enabling Financing & Investment Entities to identify and access resilient investment opportunities.
A consortium of 32 organisations, led by World Climate Foundation, has been funded by the European Commission to develop tailored plans for climate adaptation investments, investment strategies, and investment cases.
“We believe that CLIMATEFIT will be an asset in tackling climate-related challenges. Horizon Europe, our flagship research and innovation programme, is one of the world's largest research and innovation programmes with a total budget of EUR 95.5 billion. Funding projects like CLIMATEFIT will help Europe deliver on the European Green Deal and make a more resilient and competitive Europe.”
- Alessia Pietrosanti, Project Adviser, European Climate, Infrastructure and Environment Executive Agency (CINEA)
“Climate change is increasingly evident, and decision-makers are recognising the need for preparedness, but what is lacking is the finance for this preparedness. This is where CLIMATEFIT comes in – it provides a significant opportunity to invest in innovative adaptation measures that can help vulnerable territories within the EU to better prepare for climate change."
- Jens Nielsen, CEO of the World Climate Foundation