Milan's Enabling City Transformation Activity: CLimate-neutrality through Integrated Molecular model for urBan regeneration with sustainable finance (CLIMB)

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Milan

Italian

Context and Challenges

Milan is addressing fragmented governance and financial barriers to climate-neutral urban regeneration. CLIMB introduces a “molecular model” that tailors regeneration efforts to local contexts while ensuring systemic coherence. By combining collaborative governance, innovative financing instruments, and integrated impact assessment, the project aims to bridge funding gaps, align departments, and scale up sustainable transformations. The model is designed to be replicable, fostering EU-wide adoption of place-based climate-neutral strategies.

Objectives

  • Implement a Molecular Model for decarbonization and urban regeneration.
  • Design sustainable financing instruments
  • Test decarbonisation scenarios in urban molecules through building retrofitting, renewable energy integration, sustainable mobility initiatives, and nature-based solutions (NBS)
  • Promote collaborative governance across city departments
  • Facilitate knowledge exchange with other cities

Key Terms

Urban Regeneration | Finance | Molecular Model | Collaboration | Scenario Testing

Activites and Innovations

  • Develop a modular climate-neutral regeneration model

  • Engage stakeholders to validate and test financial instruments

  • Simulate and apply decarbonisation scenarios

  • Facilitate inter-city exchanges for model replication

  • Align interventions with climate budgeting processes

Emission Domains

  • Buildings

  • Mobility

  • Energy

  • Public space and green infrastructures

  • Governance

Levers of Change

  • Finance

  • Governance

  • Learning

  • Innovation

  • Policy Coherence

Expected Impact and Outcomes

  • Enhanced policy coherence across relevant departments
  • New financial tools unlocking private investment
  • Increased resilience and decarbonisation through the urban molecule scale as a new lens for climate neutrality
  • Transferable model for EU-wide replication