Financing and Investment

Financing and Investment

Financing large scale energy efficiency investments present many challenges such as the lack of local resources and skills. Guarantee Funds, Public-Private Partnerships, Crowdfunding are just some of the solutions which are being developed, expanded and piloted in different regions. Energy agencies and regions are in a unique position to boost sustainable energy investments in Europe by becoming experts in such mechanisms, and by supporting and connecting local and regional stakeholders.

In an era when there is significant liquidity available in the European finance sector, now is an important moment to maximise investments. On 14 January 2020, the European Commission presented the European Green Deal Investment Plan, which aims to mobilise at least €1 trillion of sustainable investments over the next decade for the transition to a climate-neutral, green, competitive and inclusive economy.

Reaching the 2030 climate and energy targets would require €260 billion of additional investments a year by 2030. As the Commission upgrades its objectives through the “Fit for 55” package, larger investments will be necessary for achieving the broader environmental and social objectives that the EU has set itself. To that end, mobilising public and private funding towards the objectives of a just transition to a climate-friendly economy will be the key. Supported by investments in green technologies, sustainable solutions and new businesses, the Green Deal can be a new EU growth strategy – and FEDARENE member energy agencies and regions intend to be a full part of it.

Objectives

  • Positioning local and regional energy agencies as front-runners in the financing of the energy transition.
  • Implementing various financial models and mechanisms to enhance green investments in European cities and regions.
  • Reinforcing links between public authorities, agencies and financing institutions.

European City Facility

The European City Facility is set up under the Horizon 2020 Programme : tailor-made, rapid and simplified financial support (in the form of max. EUR 60,000 lump sums) and related services will be provided to a large number of cities and municipalities in the European Union, UK and EEA countries to enable them to develop relevant investment concepts.

OPENGELA

An innovative integrated home renovation service for private residential buildings to be validated in the Basque Country and with a high replicability potential in Europe. This will be achieved by setting up “district offices” as one-stop-shops to facilitate turn-key solutions to homeowners, covering the whole customer journey.

ManagEnergy – Leaders in Energy Transition

The European Commission initiative dedicated to regional and local energy agencies

PROSPECT

The overall aim of PROSPECT is to enable peer to peer learning in regional and local authorities in order to finance and implement their sustainable energy plans.

Streetlight-EPC

The project “Streetlight-EPC”, funded by the Intelligent Energy Europe Programme, created demand and supply for EPC in 9 European regions by providing regional EPC facilitation services and supporting projects towards implementation.

Smart EPC

Smart EPC enables the transition of local public authorities towards smart sustainable cities.

Best practices >

Supporting Walloon local authorities in their work for the energy transition

Supporting Walloon local authorities in their work for the energy transition

The Walloon Region launched a call for municipalities in 2020 to hire a coordinator for their Energy and Climate Action Plans and to make investments for these plans.

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Wallonia: project on renovation strategies for residential buildings

Wallonia: project on renovation strategies for residential buildings

Find out how, through the LIFE BE REEL project, Wallonia involves local actors and citizens in the implementation of its regional renovation strategy.

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REGEA: Investment Factory - Digital Investment Platform

REGEA: Investment Factory - Digital Investment Platform

Discover how REGEA is connecting investors and owners of buildings with suitable rooftops through their innovative digital investment platform to promote solar energy and sustainable practices!

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64 Young professionals from over 30 countries drive energy innovation in Upper Austria

64 Young professionals from over 30 countries drive energy innovation in Upper Austria

Learn about the International Clean Energy Challenge organised by OÖ Energiesparverband, that brings together young professionals and partner companies for a cutting-edge event of collaborative innovation.

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Webinars >

13854Sustainable Finance & Innovation Services

FEDARENE Webinar on Financing Narratives

On the 2nd of November 2021, we organised an exclusive webinar on Financing Narratives. Speakers presented various insights and best practices on financing of energy efficiency and renewables with the ELENA EIB Facility. Christophe Milin shared the insights from the paper he and Adrien Bullier recently published on Integrated Home Renovation Services.

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7520Sustainable Finance & Innovation Services

GET READY FOR 2050: How to Finance Climate and Energy Plans

Watch the third and final session of GET READY FOR 2050 for a discussion on the financing mechanisms for local and regional sustainable energy projects.

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