What does ADAPT offer?
ADAPT builds upon the complementary resources of joint EIB and EU advisory initiatives. It 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 will be tailored to the specific needs of the project promoter and may include the following:
Development of adaptation investment strategies and programmes; Identification of adaptation project pipelines; Support to mainstream adaptation in the design of projects for specific sectors and type of investment; Support for technology transfer schemes to enable adaption technologies and solutions; Strategic dialogues and workshops at EU member state level on national, regional and local adaptation priorities.
Project preparation, development and implementation support
Support in identification, preparation and implementation of adaptation investments, including enabling activities; Advice on climate risk and vulnerability assessments and on climate-proofing of infrastructure projects; Advice on climate risks in Public-Private-Partnership (PPPs); Support to analysis of climate risks in value and supply chains; Support in financial structuring to improve access to adaptation finance; Advice on nature-based solution (NbS); Advice on adaptation impact measurement systems for financial intermediaries and investors.
Capacity building and awareness raising
Training, workshops and knowledge-sharing events on mainstreaming climate adaptation in project planning and preparation; Development of methodological and technical guidance documents; Training on managing and reporting climate-related financial risks and opportunities.
As a new initiative, ADAPT will initially focus on high-impact advisory assignments that address key adaptation barriers and market failures. ADAPT will prioritise advisory requests presenting a strong justification and added-value for technical and financial expertise.
The following preliminary guiding principles will help prioritise adaptation advisory requests under ADAPT: