Plataforma sobre Adaptación al Cambio Climático en España

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Climate bond financing adaptation actions in Paris

Sustainable development has been a major concern for the City of Paris for more than 10 years. When, in 2015, the City of Paris hosted the COP21, the City Hall wanted to send out a strong signal to the international community and to other local and regional authorities and show the diversity of municipal ecological actions and commitments. To emphasize this, the City of Paris erected the climate bond to finance climate and energy projects. The total size of the bond is € 300 million, with a running time until May 2031.

New locks in the Albert canal in Flanders, Belgium

The Albert canal in the eastern part of Flanders connects the industrial zones around Liege with the harbour of Antwerp. Ships can continue their way at both ends of the canal: via the river Scheldt to the Netherlands and via the river Meuse to France. In the future, the Meuse basin, from which the Albert canal receives its water, is projected to experience more and longer periods of low river discharge, as a consequence of climate change. Thus, less water is expected to be available for sluicing ships. This would limit inland navigation.