Finance & Divest
In response to the challenge of tight budgets, Energy Cities provide new innovative financing methods. The network also helps local authorities align their spending and investments with the objectives of the Paris Agreement. This is reinforced by more and more cities unveiling their plans to move out of investments in oil and coal projects. Finally, Energy Cities is pressuring EU institutions for city-targeted and climate-proof EU funding.
news View all news
Seven cities on a Zero Carbon Journey
In line with Paris Agreement and a carbon budgeting approach
What cities need from the next Horizon Europe funding programme
4 recommendations to activate the next-generation climate governance
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
Best Practices View all Best Practices
Transition to energy sovereignty
Publications View all Publications
Investment needs for the local energy transition
The case of five european cities: Ghent, Frederikshavn, Bordeaux-Métropole, Sevilla and Tallinn
This publication is relying on five examples of European cities,that are frontrunners in the local energy transition and which have put a number on their investment needs by 2050 in order to succeed in their transition. Through our case studies of the cities Ghent, Frederikshavn, Bordeaux-Métropole, Sevilla and Tallinn, all signatories of the Covenant of Mayors-Europe initiative, we have identified the local investment needs for the energy transition in different geographical, socio-economic and sectorial circumstances.
Climate-mainstreaming municipal budgets
Taking from fossil fuel economy to reinvest in local sustainable communities
This guidebook aims to address the lack of awareness of the role of public finance in the energy transition within municipal administrations. It does so in anticipation of declining local budgets, raising the question of how cities can efficiently channel finances to achieve their climate goals.
It contains a collection of examples and tools, which can help local authorities align their expenditure and investments with the Paris Agreement objective.
Infinite Solutions Guidebook
Financing the energy renovation of public buildings through internal contracting
Acting as an advising tutor, the city of Stuttgart has contributed its experience of more than two decades in managing/implementing an Internal Contracting scheme. The municipalities of Almada (Portugal), Águeda (Portugal), Koprivnica (Croatia), and Udine (Italy) have taken part as learning authorities with the objective of setting up their own Internal Contracting scheme.
Projects View all Projects
Innovate
One-stop-shops and energy retrofit packages for homeowners
Home owners have difficulties in tackling a retrofit project. In order to facilitate the process, INNOVATE develops and rolls out attractive energy retrofit packages, ideally offered in one location – a one-stop-shop.
PROSPECT
Peer-powered cities and regions
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.
