Objective
Nature-based solutions (NBS) are considered essential to solving the climate crisis. They have the potential to simultaneously address climate change, biodiversity loss and human wellbeing and development, by providing different ecosystem services. However, the typically small size of NBS projects, the difficulties to measure and monetize their co-benefits as well as the long time frame for investment returns and the risk profile, undermine their attractiveness for funding. In comparison to NBS alone, the combination of NBS and ecosystem-based approaches, physical measures and technological measures is able to provide measurable outcomes quicker, reducing the risk profile and facilitating faster implementation and long-time maintenance, broadening opportunities for ecosystem innovation and increasing investment attractiveness.
Aiming for bankability-by-design, RISE-IN will assess a set of climate resilient solutions (CRS), including NBS and ecosystem- based approaches and physical measures, by mapping and quantifying their co-benefits and identifying innovative financing and investment opportunities accordingly. Co-creation and participatory processes with local stakeholders, including investors and businesses, will enable the screening of the most adequate solutions for each site, in terms of functionality and funding and within a framework of just resilience. The assessment will be complemented by 3 climate risk assessment models that will reduce uncertainty regarding risks associated with extreme events, water run-off and capital loss. RISE-IN will demonstrate this concept for flood management (most costly type of disaster in Europe) in Cesena (IT), Christchurch (NZ) and Póvoa de Varzim (PT). RISE-IN demonstrations will be further tailored for replication in Ghent (BE), Zhytomyr (UA), Kadikoy (TR) and in 3 additional sites of Demonstrator Cities (Demo Cities) to prove the impact of the concept to facilitate bankability and upscale implementation across EU and Internationally.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
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Programme(s)
Funding Scheme
HORIZON-IA - HORIZON Innovation ActionsCoordinator
20133 Milano
Italy
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Participants (25)
75001 Paris
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20129 Milano
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
WC1N 3AX London
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Vilniaus
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
47521 Cesena
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8013 Christchurch
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Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure.
8011 Christchurch
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4490-438 POVOA DE VARZIM
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Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure.
4570-412 POVOA DE VARZIM
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9000 Gent
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34722 Istanbul
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10014 ZHYTOMYR
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10005 Zhytomyr
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1000 Bruxelles / Brussel
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53850 Lappeenranta
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20097 HAMBURG
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20131 Milano
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1220 Wien
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91190 Gif Sur Yvette
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure.
91190 GIF-SUR-YVETTE
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
15180 Culleredo
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4485-661 Crasto
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8140 Christchurch
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7640 LINCOLN
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UB8 3PH Uxbridge
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Partners (1)
Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
1024 Ecublens Vd
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.