Innovative financing for your local energy & climate projects

Cities are the main contributors to pollution and climate change, but they also have the power and opportunity to deliver the highest energy savings and drive the energy transition in Europe. However, a lack of internal capacity to identify the most appropriate financing instruments often sets a barrier against implementing their sustainable energy and climate projects.

The ambition of H2020 PROSPECT+ is to ensure that over 200 EU cities & regions in at least 20 European Member States will improve their capacities towards financing, effectively accelerating reaching their climate and energy targets. By participating in a PROSPECT+ programme where experienced local and regional authorities will share their expertise through peer-mentoring, participants will identify and better understand new innovative financing schemes to overcome or surpass their local energy and climate challenges.

Capacity-building activities in PROSPECT+ will cover:

• 5 thematic areas: public buildings, private buildings, public lighting, transport, and a cross-sectoral category covering among others, renewable energy production, heating and cooling, and adaptation measures;

• (at least) 8 financing schemes: Energy Performance Contracting (working with ESCOs), Internal contracting (intracting), Revolving funds, Guarantee funds, Citizen financing (crowdfunding, energy cooperatives), Soft loans, Third-party financing, Green Bonds;

• in 44 eligible countries*.

The participants will also have an opportunity to join a Community of Practice to facilitate further exchange of best practices and to contribute to the debate on the barriers they face.

How to participate?

Local and regional authorities can apply to participate as mentees until March 1st.

Rewatch the webinar for applicants here.

For more information on the application process, access to the guidelines for applicants and application forms, please visit https://h2020prospect.eu/get-involved

How to stay in touch?

Follow the project page on LinkedIn

Check out #H2020Prospect on Twitter

Visit the project website