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Finance & Divest

Stuttgart taking climate emergency seriously

Stuttgart taking climate emergency seriously

First German city to adopt dedicated €200m budget

While world leaders still struggle with climate inaction at COP25, Stuttgart is taking action. The city located in the South of Germany is not satisfied […]

Project Development Assistance facilities: Learn from cities and regions’ experience

Project Development Assistance facilities: Learn from cities and regions’ experience

Many of the signatories to the Covenant of Mayors for Climate & Energy have used technical assistance facilities to develop projects in the framework of […]

5 takeaways from the EIB’s new energy lending policy

5 takeaways from the EIB’s new energy lending policy

What the European Investment Bank's new funding policy will bring for cities' energy transition

We won! After months of lobbying by Energy Cities and the Fossil Free EIB campaign, Europe’s public bank has adopted a new funding policy. It is good news! But what will it bring for cities’ energy transition?

Seven cities on a Zero Carbon Journey

Seven cities on a Zero Carbon Journey

In line with Paris Agreement and a carbon budgeting approach

Ambitious Manchester In 2019 Manchester decided to become a zero carbon city by 2038. At city level, this means capping total emissions at 15 million […]

What cities need from the next Horizon Europe funding programme

What cities need from the next Horizon Europe funding programme

4 recommendations to activate the next-generation climate governance

When the European Commission published the new mission-oriented approach proposed for the forthcoming Horizon Europe programme in January 2018, we were glad to see such […]

EIB’s proposed divestment from fossil fuels could go up in flames

EIB’s proposed divestment from fossil fuels could go up in flames

Pro-gas forces threaten to derail ambitious proposal from Europe’s public bank

In July 2019, the European Investment Bank (EIB) proposed a bold new energy lending policy which would halt support to all fossil fuel projects by […]

« If you had only one wish? »

« If you had only one wish? »

Policy op-ed by Claire Roumet

This summer, far from Brussels’ overheated streets, I was asked this seemingly innocent question by a friend while chatting after a pleasant walk: “if you […]

EU City Facility: Financial support and services to cities’ sustainable energy projects

EU City Facility: Financial support and services to cities’ sustainable energy projects

We are glad to coordinate the European City Facility (EUCF), a new EU-funded project which will provide financial support and services to cities and municipalities […]

Intracting, Green bonds, Citizen financing, EPC and much more, on the menu of PROSPECT next learning cycle

Intracting, Green bonds, Citizen financing, EPC and much more, on the menu of PROSPECT next learning cycle

As many opportunities for local authorities to find out how to unlock resources for their local projects! Apply before 30 September!

The fourth and last H2020 PROSPECT learning cycle on innovative financing for local energy and climate projects, will start this November 2019, following an ongoing […]

European Investment Bank vows to divest from fossil fuels

European Investment Bank vows to divest from fossil fuels

New draft energy lending policy might turn the EIB into EU's first climate bank by end of 2020

In its draft describing the new energy lending policy published today, the European Investment Bank takes a big step for climate action. Will it be able to stick to its promise?

Join our free peer-to-peer learning modules on innovative financing

Join our free peer-to-peer learning modules on innovative financing

PROSPECT H2020 has launched its fourth and last call for applications. Don’t miss it!

Since 2017, PROSPECT enables the exchange of knowledge and experience between EU cities and regions, on innovative financing schemes for their local projects on energy […]

New publication: Investment needs for the local energy transition

New publication: Investment needs for the local energy transition

Five European cities have put a number on their investment needs by 2050

The locally-driven energy transition is essential to achieve the Paris Agreement’s objectives by 2050. This report is showcasing five examples of European cities, that are […]

It is still not too late to act. It will take a far-reaching vision, it will take courage, it will take fierce, fierce determination to act now, to lay the foundations where we may not know all the details about how to shape the ceiling.

Greta Thunberg, Climate activist

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