Project objective: The project aims to build an ecosystem for innovative solutions to adapt to climate change.
The mission of the ARSINOE project is to enable the fundamental transformation of economic, social, and financial systems, strengthening their climate resilience and adaptability, through a systemic and innovative approach. The project will support the social and scientific community in effectively assessing the environmental and economic effects of climate change and understanding the impact of possible interventions, by implementing advanced methodologies, analytical and communication tools, using an interactive platform that will enable stakeholders to collaborate in finding solutions for multi-sectoral climate adaptability.
System Innovation Approach (SIA) addresses the developmental complexity, interdependence, and interconnectedness of modern societies and economies, encompassing the functions of the cross-sectoral system as a whole and the corresponding diversity of stakeholders. The Climate Innovation Window (CIW) to be implemented in the Project is the European Union Innovation Market for Climate Change Adaptation Technologies.
In this regard, the ARSINOE project, starting October 1, 2021, and over the next four years, will develop a methodological framework for combining SIA with CIW to create an ecosystem under a three-tier approach: (a) integration of multiple technological, digital, business, management and environmental aspects of social innovation for the development of climate change adaptation pathways to meet the objectives of the EU Green Deal for specific regions; (b) liaising with the CIW to establish innovation packages by aligning innovators with end users/regions; (c) fostering the sustainability and growth of the ecosystem by cross-fertilization and replication on a scale, at European level and beyond, using appropriate business models and actions for exploitation.
Target group: The target group consists of Subnational government administrations, Universities, RTD institutions, spin-offs, start-ups, entrepreneurs, impact investors, business angels.