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The Climate Adaptation Investment Advisory Platform (ADAPT) is a new initiative developed as part of the EIB Climate Adaptation Plan, with the aim of directly contributing to the objectives of the EU Adaptation Strategy.
ADAPT is an advisory platform that aims at facilitating the deployment of technical and financial expertise to address specific investment and market needs and to accelerating the financing of climate adaptation investments that have the potential to strengthen the resilience of cities, infrastructure networks, coastal areas, river basins, food systems, forests and ecosystems and other activities vulnerable to climate change.
ADAPT offers advisory services, capacity building and knowledge transfer throughout all stages of the project cycle in line with the policy goals of the InvestEU programme and JASPERS. Each ADAPT advisory assignment is tailored to the specific needs of the project promoter and may include the following actions:
- upstream support;
- project preparation, development and implementation support;
- capacity building and awareness raising
All public and private project promoters (cities, local authorities, regional administrations, managing authorities responsible for EU funds), corporates and public-sector entities (energy network operators, power producers, public transport agencies, port authorities, hospital operators, agricultural enterprises, water utilities) and financial institutions (commercial banks, national promotional institutions, insurance companies, fund managers) can benefit from this Platform.
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Published in Climate-ADAPT: Oct 12, 2023
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