Nature for Catchments Launchramp (NCL)

Development of a pipeline of investable Nature-Based Solutions projects to mitigate recurring river flooding in Cyprus and Greece.

Location

Greece and Cyprus

Aim

Build back better with Nature-Based Solutions (NBS), by working with public actors (cities, regions and national authorities) and financiers to identify and design NBS that: 1.) support economic recovery & flood resilience; 2.) boosts biodiversity; 3.) is bankable, implementable and replicable.

Challenge

Recurrent river flooding and related economic losses (e.g. infrastructure damage, disruption to business operation and public sector services) 

Solution

Nature for Catchments Launchramp (NCL) is a project origination process that addresses key financial, technical and political barriers to NbS. It results in regional-scale NbS interventions that align stakeholder interests (e.g. flood risk, water quality and availability) whilst restoring and creating habitats and ecosystems. Application of the NCL results in:

1. A pipeline of investable NbS projects. Solutions will likely include following measures: water retention basins, recreation of floodplains, reforestation and urban improvements.

2. Innovative financing solutions allowing public sector stakeholders to create a sustainable and long-term source of financing. Involvement of the private sector is always explored.

Status

Completed

Project Information

Start date: January 2021

End date: October 2022

Partners

  • Global Infrastructure Basel Foundation
  • European Investment Bank
  • WWF Greece
  • SwissRe
  • Icatalist
  • Cyprus Energy Agency
  • The Nature Conservancy

Contact

Juraj Jurík
Director, Infrastructure & Nature
E-Mail: 

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