The climate targets are increasingly ambitious and the scale of the challenge faced by local and regional authorities all across Europe requires increased use of other-than-subsidies financing instruments for investments in sustainable energy and low-emission mobility.
By introducing a variety of innovative financing instruments, the webinar will showcase the opportunities to get an in-depth understanding of their practical use through best-practice exchange with peers across Europe under a capacity-building project PROSPECT+.
In this #H2020Prospect webinar, you will get an overview of:
✔️ the innovative financing instruments available to local authorities across Europe,
✔️ best practice examples,
✔️ the Prospect+ free capacity-building programme and how you can benefit from it, ✔️ the latest opportunity to join the project as a mentee.
Innovative financing
The Capacity-Building Programme will focus on innovative financing for energy and climate actions with a strong focus on the crucial aspects of capacity building, decision-making and replication processes.
To reduce the dependence on subsidies, the project offers innovative financing schemes that are often more flexible and quicker solutions:
• Citizens Finance: crowdfunding and cooperatives
• Energy Performance Contracting (EPC)
• Internal Contracting
• Green Bonds
• Guarantee Funds
• Soft Loans
• Revolving Funds
• Third Party Financing
More information about financing is available in the video from the PROSPECT+ webinar below:
You can access the slides here.
Agenda
- 10:00 – 10:05 Welcome | Sylwia Slomiak, Eurocities
- 10:05 – 10:20 Major challenges for local authorities across Europe to access financing for investments in sustainable energy and mobility, resulting from the scale of the necessary climate action | Christophe Milin, CINEA
- 10:20 – 10:35 How does PROSPECT+ support local authorities across Europe to face these challenges? | Sylwia Slomiak, Eurocities
- 10:35 – 11:00 How to secure resources to accelerate investments in sustainable energy and public transport: introduction to other-than-subsidies financing instruments and how to choose the right one. | Carolin Anders, Adelphi
- 11:00 – 11:10 Q&A
- 11:10 – 11:25 Examples of successful projects identified by PROSPECT+ that successfully used the innovative financing instruments. | Sylwia Slomiak, Eurocities
- 11:25 – 11:40 How to choose the best way forward? The benefits of getting involved in PROSPECT+ as mentors, mentees and participants of the Community of Practice | Jana Cicmanova, Energy Cities
- 11:40 – 11:50 Q&A and discussion
- 11:50 Wrap-up and closing | Sylwia Slomiak, Eurocities
