What we are doing
Municipalities face an increasingly uncertain climate future, with unpredictable disturbances threatening to overwhelm budgets and disrupt critical services. By understanding and applying tools locally such as the Cost of Doing Nothing (CODN) toolbox or the N-ZAP’s Climate-Related Financial Disclosure Guide, participating municipalities will gain a better understanding of the financial consequences of climate change, make proactive data-driven decisions, and strengthen their ability to build resilience.
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How we are tracking
1. Steering Committee members, engagements and contributions
2. Municipal Working Group members, engagements and contributions
3. Stakeholders engaged in consultations
4. Downloads and application of legacy products
5. Participants in trainings and webinars
6. Interactions on social media
7. Results of satisfaction surveys to evaluate knowledge shift before and after using the tools
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What we are achieving
Through the ETAA project, municipalities, stakeholders, and industry experts are collaboratively working on a series of activities designed to test existing economic tools and instruments, develop knowledge in applying these tools, identify gaps in knowledge and tools, and scope out new solutions to address these gaps. Through these activities, the project aims to:
Enhance understanding of the economic impacts of climate change and the effectiveness of adaptation measures;
Refine and expand the application of economic tools to assess and address these impacts; and,
Build local capacity in municipalities to integrate economic insights into adaptation action.
Participating Municipalities
Participating municipalities are engaged in one-on-one meetings and group sessions and have access to expert guidance from leaders in the field of adaptation. Participating municipalities are also working with ICLEI Canada to apply innovative tools—such as the Cost of Doing Nothing (CODN) report—tailored to climate hazards and risks specific to their communities. Ultimately, this collaboration will help municipalities identify knowledge gaps and develop strategies to address them with support from ICLEI staff.
Steering Committee
The ETAA Steering Committee consists of subject matter experts and leaders from the financial service community, including investment management firms, insurance companies, and public and private sector organizations investing in resilient infrastructure. The Steering Committee provides project guidance, insights, advice, and feedback to support participating municipalities, and ensure the ETAA project remains relevant and connected to ongoing market and industry developments.
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