- November 6, 2019
- Category: Publications
Milieu recently completed an updated analysis of the climate financing available to local and regional authorities (LRAs) for the European Committee of the Regions (2019 study), expanding on its previous work for the client (2017 study). Climate change will significantly impact cities and regions requiring LRAs to take action and invest in mitigation and adaptation measures. Nevertheless, LRAs often face various obstacles in accessing and using public and private climate finance. In this context, the two studies map the EU funding opportunities available to LRAs to finance climate action in the current and post-2020 MFF together with similar options available in selected Member States. The analyses explore also the main obstacles and challenges LRAs face in accessing and using these funding opportunities and outline recommendations for addressing these barriers.