ACCREU partners organised a session at the recently concluded ECCA 2025, on the topic “Upscaling adaptation finance at national and European scales: costs, economic and fiscal rationale“.
Eva Preinfalk (Wegener Center for Climate and Global Change, University of Graz) chaired the session which included as panelists Paul Watkiss (Paul Watkiss Associates), Solène Dengler (World Bank), Vivian Depoues (Institute for Climate Economics, IC4E) and Birgit Bednar-Friedl (Department of Economics & Wegener Center for Climate and Global Change, University of Graz).
Understanding adaptation costs is crucial for effective climate policy, yet national assessments across Europe remain inconsistent. This session explored methodologies for estimating adaptation costs and monitoring adaptation financing, drawing on insights from international and national initiatives. Panelists showcased best practices from adaptation cost assessments, including macroeconomic and fiscal analyses of adaptation finance. The session identified key policy implications, challenges, and enablers for scaling up adaptation finance. and enhanced the evidence base for adaptation planning and budgeting at the national and European scale.
A summary of the session is available on the ECCA website.
ACCREU Session panelists (from the left): Birgit Bednar-Friedl, Eva Preinfalk, Vivian Depoues, Paul Watkiss