Climabiz Project

Climabiz Project

Project title: Financial Institutions: Preparing the Market for Adapting to Climate Change

Project acronym: The project’s acronym "climabiz" is a combination of the words «Climate» and «Business», hinting to the business opportunities that derive from climate change.

Project duration: 11 January 2010 – 31 December 2012.

Project areas: Greece, Bulgaria, Romania and Cyprus.

Project code No: LIFE08 ENV/GR/000552

Project funding: The climabiz project is co-funded by the European Union’s “LIFE+ Environment Policy and Governance” funding instrument.

Total project budget: € 1.854.140

EC financial contribution: € 924.445


«… to trigger the adaptation of the market to the risks and opportunities of climate change ».

Climabiz contributes to the implementation of the EU target for tackling climate change:

«To assure the adaptation of the EU economy and society, nature and biodiversity, water resources and human health to the adverse impacts of climate change (to a potential temperature increase of 2°C resulting from increased greenhouse gas concentrations) and mitigating its impact».


  • Quantify financial impacts and business opportunities that arise from climate change in SE Europe, with special focus on Greece.
  • Develop mechanisms that will monitor the financial impacts of climate change on Greek companies.
  • Develop the necessary tools that will determine business opportunities deriving from climate change.
  • Raising awareness, guiding and supporting companies towards a smoother adaptation to climate change.
  • Informing and raising awareness among shareholders, suppliers, employees and the broader public with regard to tackling climate change and adapting to the new conditions.


Coordinating Beneficiary: Piraeus Bank

Associated Beneficiaries:

  • FACE3TS is a consulting company specializing in issues of energy, environment and climate change
  • WWF Greece
  • The ultimate goal for WWF Greece is to stop and eventually reverse the accelerating degradation of our planet’s natural environment and to promote the harmonic coexistence of man and nature.

Project Team Climabiz

Participant name Role in the project Contact details
Piraeus Bank    
Vrasidas Zavras Head of Project  
Dimitris Dimopoulos Project Manager +30 210 3288293
WWF Greece    
Konstantinos Liarikos Policy Advisor +30 210 3314893
Sevastianos Mirasgedis Scientific Advisor +30 210 3613137

Organisational Structure

Please click here to see the Organisational Structure.

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