Mobilizing Finance for Coastal Adaptation in the Mediterranean

The Mediterranean is increasingly threatened by rising sea levels, water scarcity and extreme weather events. These challenges place coastal communities and ecosystems at significant risk, especially those reliant on tourism, fisheries, and agriculture, which are integral to local economies. Climate change adaptation is a key priority in the Mediterranean, yet it remains underfunded and consistently receives a fraction of the funding allocated to mitigation efforts.

This report brings together the outcomes of two important events held in 2024, both aimed at addressing the critical challenge of financing coastal adaptation in the Mediterranean: the Webinar on Mobilizing Finance for Coastal Adaptation (October 29) and the Regional Roundtable on Catalysing Financing for Climate Change Adaptation in the Mediterranean: The Role of the Private Sector (December 2-3, Athens and online, hybrid event). These events, organized as part of the GEF UNEP/MAP MedProgramme and supported by the Special Climate Change Fund (SCCF) Project, also in synergy with the EU Water & Environment Support (WES) project, represent a significant step forward in tackling the adaptation financing gap in one of the world’s most climate-vulnerable regions.

To learn more about bridging the climate adaptation gap and to stay informed about future progress in this area, explore additional publications on Plan Bleu’s website here or get in touch with Plan Bleu’s experts.

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