While climate change and migration remain high on political agendas in Europe, the exact link between the two remains uncertain. Without clarity on how different climate events might lead to more human mobility (or conversely, immobility), it is difficult for migration policymakers and development actors to align their efforts and ensure they are spending resources wisely. Investments in climate adaptation, for instance, which aim to build communities’ resilience to cope with environmental stress, have only recently begun to take human mobility into account. And so far, adaptation activities make up only a small part of Europe’s formidable climate spending.

The COVID-19 pandemic only adds to the urgency of finding innovative financing tools for climate adaptation and migration. Many of the adaptation strategies policymakers previously applied to support communities affected by sudden-onset floods or slow-onset desertification are now obsolete, for example as physical distancing requirements have complicated evacuation and relocation. And because the issue cuts across different policy portfolios, it is difficult to assign clear responsibilities. 

This MPI Europe discussion, with MPI Europe's Hanne Beirens, University of Liège's François Gemenne, GIZ's Dorothea Rischewski, and the European Investment Bank's Moa Westman, explored different migration policy options related to climate adaptation and the evolving landscape of climate finance tools. Speakers also examined what funding gaps and opportunities exist for collaboration with partner countries and what funding instruments might address the most pressing needs. The conversation also explored the implications of COVID-19 for migration and climate adaptation funding approaches.