Funding tips from Nancy Saich, EIB

Nancy Saich from the European Investment Bank had lots of tips and advice for cities looking for funding. Here are her top five:IMG_8557

  • EIB is not just funding, we do lending, blending and advising.
  • Resilience and Adaptation are key priorities for the Bank this year. We have funding for Adaptation. We are really supporting and funding resilient actions and infrastructure.
  • Sometimes it is not about spending money, it is about spending money differently. The approach has to be changed. Needs have to be assessed and integrated.
  • Stop being  a climate change and adaptation purist. Be more pragmatic and think what kind of finance, language and label can I put on my project to get it done (funding).
  • Don’t just try and sell it as one big climate change package, take the climate label off and break it down to see what sector funding you can apply to that will also fund the overall climate change adaptation. If you put it in a water or transport label it will still have the adaptation aspect but increases your access to funding.