NCFF event indicates type of projects to be financed

An introductory event on the European Commission's (EC) new Natural Capital Financing Facility (NCFF) in Brussels on 8 May 2015 attracted a variety of participants. Launched in February this year, the new financial instrument will fund pro-biodiversity and pro-climate change adaptation projects across the EU.

Pia Bucella, Director of Natural Capital at DG Environment, and Humberto Delgado Rosa, Director of Mainstreaming Adaptation and Low Carbon Technology at DG CLIMA, introduced the event. Ms Bucella highlighted that an aim of the new financial instrument was, "to ensure better development and preservation of our natural capital," alongside traditional avenues such as the Common Agricultural Policy, regional funding and the LIFE programme.