What is SF-Energy Invest?
Collaborative Actions for Triggering Investments in Sustainable Energy Actions using Structural and Cohesion Funds.
While the Structural and Cohesion Funds (SCF) represent a huge potential for European municipalities to fund sustainable energy projects, recent experience has shown that several barriers still limit their potential use.
The SF-Energy Invest project aims to:
tackle these barriers by providing practical support in the development of SCF project proposals in pilot regions;
increase the share of SCF money that is spent on sustainable energy by providing ‘showcase’ project examples and increasing awareness;
identify recommendations for the upcoming SCF programming period.
In total 9 regions will be involved in the project from Bulgaria, Czech Republic, Estonia, Germany-Poland border area, Portugal, Hungary, Romania, Slovakia and United Kingdom. In these countries, SF-Energy Invest will organise an Energy Investment Day.
What is Energy Cities doing for SF-Energy Invest?
The objective of SF-Energy Invest fits altogether with the long term strategy of Energy Cities – to promote the use of the SCF for sustainable energy projects in local authorities at European level and with a special focus on the new Member-States.
Energy Cities will contribute to the overall aim of the project by:
- sharing lessons learnt through several interactive tools it developed (including SCF, innovative financing) within the framework of the projects RUSE and MODEL;
- identifying best practices of cities (incL; Covenant of Mayors signatories) that use the SCF for sustainable energy projects;
- organising study trips to ensure the exchange of experience and know-how among local authorities and regions interested in the opportunities offered by the SCF;
- disseminating results at the EU level to reach relevant SCF stakeholders through communication material and presence at international events;
- providing recommendations to improve the framework conditions and practical implementation of SCF programmes aimed at decision makers at the European and member state levels.