Source: European Parliament
Based on their national or subnational climate risk assessments, Member States can use Cohesion Policy to support disaster risk management, particularly by financing prevention, response and resilience measures in islands or coastal areas. This may also include measures to address soil erosion.
Specifically for Greece, over EUR 726 million in public funding is allocated to prevent and manage climate-related flood risks, including coastal and land erosion management . Under the shared management principle governing these funds, national authorities are responsible for selecting projects for funding and overseeing their implementation.
Furthermore, Greece’s Recovery and Resilience Plan[1] invests in anti-erosion and flood protection across Greece in response to the floods and wildfires in 2023 (measure 16849). The related interventions include the construction of dams, stream stabilisation structures and rainwater retention systems, with the aim to improve soil retention, biodiversity conservation and agricultural production. By end-2025, a total area of 5 000 hectares of anti-erosion works and 175 000 square meters of flood protection works is expected to be completed.
- [1] https://commission.europa.eu/business-economy-euro/economic-recovery/recovery-and-resilience-facility/country-pages/greeces-recovery-and-resilience-plan_en.