Financing Greener Cities

2019 - 2019

"Financing Greener Cities" is a capacity-building event, which will focus on "Strengthening the capacity of local authorities and practitioners for making informed decisions on financing nature-based solutions".

The event takes the shape of an interactive workshop that will increase the participants’ capacity and community development need of financing arrangements for local biodiversity, ecosystem services (ESS) and nature-based solutions (NBS) interventions in response to local urban challenges. "Financing Options for Greener Cities" is developed in close cooperation with ICLEI, Europe Direct City of Athens, EKLIPSE Mechanism and the NATURVATION project.

The objective of the event is to improve the expertise of local stakeholders to better understand (1) the financing landscape, (2) financing options, (3) possible ‘investment’ cases and (4) financial arrangements (such as blended financing). The event will build their capacity by actively involving them in a preparatory webinar, an interactive workshop and a follow-up survey.

The Financing Greener Cities preparatory webinar was held on Tuesday 23 July 2019 and seeked to provide participants with an opportunity to get to know each other, to explore specific participants’ needs and prepare them for the workshop (see Report below). On this occasion, the organisers presented the focus of the workshop, key preparatory materials and started to tailor the most common and urgent challenges in financing biodiversity, ESS and NBS projects. These helped to shape the workshop programme.

The 2-day workshop will take place 8-9 October 2019 in Athens (Greece) and will be attended by up to 40 participants from across Europe, including local authorities respresentatives, researchers, practitioners and civil society/NGO representatives working on the topic.

During the first day of the workshop, participants will identify the most urgent challenges encountered with regards to financing and funding NBS as well as biodiversity projects and will have the opportunity to exchange knowledge and receive expert advice on solutions. In a guided exercise, participants will first map the financing /funding landscape. Following, experts from the EIB and NCFF and the municipality of Athens will provide first-hand insights on how to access these funding instruments and how to create bankable NBS and biodiversity projects that attract private sector investment. On the second day, participants will learn how to make the case for investing in biodiversity and NBS projects by applying the NBS Business Model Canvas (Connecting Nature) and the NBS Business Model Puzzle (Naturvation) on up to six real cases in two consecutive workshops. Please find below the outline of the programme for participants.

A short survey after the workshop will collect the reflections of the participants and the lessons learned. This information will be summarised in a report, which will serve as a knowledge base for the future development and implementation of 'green' projects.

For more information on accommodation, transport and tips in Athens, please see below the practical information document.





The event is funded by multiple sources including ICLEI European Secretariat, EKLIPSE Mechanism and NATURVATION project and Municipality of Athens.

EKLIPSE Mechanism has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement number 690474.

The NATURVATION project is funded by the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 730243)