Supporting financing of local adaptation actions with combination of public funding and private financing
This grant supports implementation of the EU Adaptation Strategy and the EU Mission on Adaptation to Climate Change. Its purpose is to facilitate local climate adaptation actions by combining public grant funding with private financing (notably via bank loans), overcoming barriers, and enabling demonstration of such funding mechanisms. It encourages collaboration among local actors, financing sector, public grant authorities, and specifically promotes the mobilization of National Promotional Banks (NPBs) and EIB intermediated lending.
| Agency | HORIZON (EU) |
|---|---|
| Region | EU |
| Country | N/A |
| Legal form | Company, NGO, Government organization, Private person, Other |
| Start date | 4 Feb 2026 |
| End date | 23 Sep 2026 |
| Max funding | The maximum amount to be granted to each third party is EUR 800,000. Local adaptation actions should have a size between EUR 500,000 and EUR 10,000,000. The grant to third parties cannot cover more than 70% of the total costs of the local adaptation action. |
| Budget | EUR 20,000,000 |
| Coverage | EU contribution may fund up to 70% of the total costs of local adaptation actions. |