Infrastructure &
Mainstreaming climate resilience in the city of Paris
Mainstreaming climate action resilience in the Paris municipal budget with new indicators regarding co-benefits financial evaluation and maladaptation costs.
January 2020 to December 2020
Paris, France
The City of Paris aims to align the budget with its climate and resilience ambitions.
In line with the application of “green budgeting”, the objective of this project is to change the way municipal budget is designed and presented to account for climate impacts. The key is shifting existing capital towards the investments needed for the municipality’s ecological transition.
This ambition is in line with one of the core objectives of the Paris Agreement being to “make finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development”.
Mainstream the consideration of co-benefits when taking decision about the development of urban spaces and make all relevant stakeholders aware of the importance of co-benefit valuation.
Develop a synthetic and ergonomic tool that give a snapshot of the co-benefits of one project.
A short pedagogical note on the importance of co-benefit valuation.
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