financing opportunities for sustainable energy & climate ... city... · financing opportunities...
TRANSCRIPT
Financing opportunities for
Sustainable Energy & Climate Action
Plans
19/09/2019 – Elodie Bossio
• Capacity building & knowledge sharing
• to increase understanding of public
available financial resources
• to improve local authorities access to
public available financial resources
• to support wider implementation of
innovative financial schemes & business
models
CoMO offers on financing
• Financing Coalition of the Willing
• to connect different EU wide initiatives
around the topic financing sustainable local
actions
• to bridge local authorities needs with EU
funding offerings
• to bridge local authorities needs with
financial instutitions offerings
CoMO offers on financing
Upcoming events
Registration : https://secap-investment-plans.eventbrite.co.uk
Athens, 15th October 2019Training on climate adaptation “The Covenant of Mayors in the era of Climate Crisis”, IMPACT HUB ATHENS
Brussels, 9th October 2019
Interactive funding guidehttp://www.covenantofmayors.eu/support/funding.html
Interactive funding guide
EU City Facility
EU Island Facility
• Support to: Signatories, Coordinators, Supporters, Academia
• Support for: SECAP development, Hiring of experts, SECAP implementation (soft measures), SECAP implementation (hard measures)
• Managing structure & coordination
• Funding info
• Type of funding Grant, Financial instrument, Technical assistance, Financial instruments: loan, guarantee, equity
• Co-funding
• Leverage factor
• Project size
• Inspiring examples
• Who can apply
• Useful links
What type of info?
EU City Facility
• Lack of capacity of public authorities to
transform long terms strategies into
investments
• Limited resoucres to access (financial and
legal expertise)
• Lack of sufficiently mature « Investment
concepts » to enable access to financing
Barriers for investments
Investment concept?
Action plans with
long term objectives
SEAP/SECAP/
equivalent
ESCO - EPCRetail banks,
national banks,
investment
funds
One stop
shops
ELENA
PDA
…
Financing
platforms
EU and other
public funds
Development Implementation Finance
Investment
concept
What is an investment concept ?
Timeline
s s ss
IC Monitoring
12 months afters
IC submission
60 000 €Grant
Organisation of calls
4 calls in total (2 in 2020, 2
in 2021)
•Start Q1/Q2 2020
•Equalopportunities
Money allocatedper region (N,S,E, W) based on the ESIF allocation
Circa 225 citiessupported
12.8 Million €for cities
Grant up to
60k € (min 20k€)
Leverage 20
Pipeline of projects
>1.2 million €
Organisation of calls
Eligibility Check1 Full Application2
Category 01 - Technical feasibility
• Energy and GHG savings
• Scope of the project
• Technology option
• Non-energy related benefits
1. Characteristics of the applicant
• Cities or its groupings
• From an EU member state
2. Alignment with energy and climate plans
3. Political commitment
4. Ambitious scale of potential investment
• Leverage factor
• Replicability/scalability
5. Expected level of energy savings
Category 02 - Financial feasibility
• Scale of potential investment
• Financial indicators
Category 03 - Investment Concept Development
• Eligibility of activities
• Existing planning processes and resources
• Governance to develop IC
• Capacity building
• Engagement of key stakeholders and citizens
• Commitment for monitoring
Category 04 - Impact
• Alignment with national activities and policies
• Project efficiency and impact
• Standardisation and project aggregation
• Sustainability
• No adverse social/ecological impacts
