Source: The EU's 2021-2027 long-term Budget and NextGenerationEU: Facts and Figures. European Commission.
-
Artikel
Annex III: Examples of financing sources for cities
This chapter is part of the report 'EU research & innovation for and with cities' that provides an overview of the main EU Research and Innovation (R&I) actions for and with cities to help them accelerate their transition towards sustainability and climate neutrality.
-
Artikel
European Economic Recovery Plan
This is NextGenerationEU. This is more than a recovery plan. It is a once in a lifetime chance to emerge stronger from the pandemic, transform our economies, create opportunities and jobs for the Europe where we want to live. We have everything to make this happen. We have the vision, we have the plan, and we have agreed to invest together €806.9 billion. It is now time to get to work, to make Europe greener, more digital and more resilient.
-
Artikel
European Investment Bank
The European Investment Bank is the lending arm of the European Union. We are the biggest multilateral financial institution in the world and one of the largest providers of climate finance.
EIB at a glance
Discover the role of the EIB, its priorities and key dates and figures
Governance & structure
Find out more about our decision-making structure, processes, and associated controls
Corporate responsibility
Read about our commitment to sustainable development, the foundation of our business model
Transparency & access to information
Find out how we listen to citizens when they need information or have concerns about EIB projects, policy or activities
European Fund for Strategic Investments
Discover how EFSI helps overcome the investment gap in the EU
European Investment Advisory Hub (URBIS)
The Hub is designed to act as a single point of entry to a comprehensive offer of advisory services and technical assistance. We aim at providing targeted support to identify, prepare and develop investment projects across the European Union.
The Hub consists of three components:
- A single point of entry to a range of advisory and technical assistance programmes and initiatives for public and private beneficiaries, provided by experts
- A cooperation platform to leverage, exchange and disseminate expertise among partner institutions and beyond
- An instrument to assess and address new needs by reinforcing or extending existing advisory services or creating new ones as demand arises
Click here for more information.
URBIS
URBIS is a new dedicated urban investment advisory platform within the European Investment Advisory Hub (EIAH). URBIS is set up to provide advisory support to urban authorities[1] to facilitate, accelerate and unlock urban investment projects, programmes and platforms. URBIS has been developed in partnership by the European Commission (DG REGIO) and the EIB in the context of the EU One Stop Shop for Cities and in support of the ambitions defined in the EU Urban Agenda.
Existing advisory services are often organised on the basis of specific programmes and specific sectors, whereas urban authorities can require more urban specific and place based advisory support, addressing both city wide investment planning and financing needs for projects as well as integrated urban development programmes comprising a number of smaller projects within a strategic framework. Such an approach often requires an integrated/packaged advisory offer – and this is what URBIS will provide. Other existing advisory programmes, such as JASPERS, ELENA and fi-compass, which are also providing support to urban authorities, will continue to be available.
In its initial phase, URBIS will consist of the following three modules, implemented in parallel:
- Increased awareness raising of existing instruments, programmes, services;
- Tailor-made technical and financial advice to cities, and
- Exploring innovative financing approaches for city investments
It will thus simplify access to existing advisory programmes and services and also address some of the current gaps in the provision of advisory support. To do this, URBIS is resourced by a specially created task force within the European Investment Advisory Hub, which will work with interested urban authorities[2] on eligible advisory support assignments. URBIS will build upon existing EIB advisory support packages including the local presence of EIB in Member States and technical assistance programmes focussed on municipalities like ELENA.
This service will be provided in line with the current EIAH pricing policy (where currently public sector promoters receive support free of charge).
The Commission and the EIB will evaluate the initial phase in the second half of 2018, providing its assessment and recommendations for a potential continuation and/or scaling up.
Click here for more information.
Source: European Investment Bank
-
Artikel
The European bank for Reconstruction and Development (EBRD)
The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our projects, business services and involvement in high-level policy reform, we're doing more than ever before across three continents.
Our history
The European Bank for Reconstruction and Development (EBRD) was founded in 1991 to create a new post-Cold War era in central and eastern Europe. We are now doing more than ever before - across three continents - to further progress towards ‘market-oriented economies and the promotion of private and entrepreneurial initiative’.
Click here to read more about their history.
Click here to read more about what they do.
Source: EBRD - About
-
Artikel
EBRD Green Cities
EBRD Green Cities strives to build a better and more sustainable future for cities and their residents. The programme achieves this by identifying, prioritising and connecting cities’ environmental challenges with sustainable infrastructure investments and policy measures.
The EBRD regions are home to vibrant and diverse cities that span across central Europe to Central Asia, the Western Balkans and the southern and eastern Mediterranean region. The EBRD is committed to furthering progress towards ‘market-oriented economies and the promotion of private and entrepreneurial initiative’ in its regions. This has been its guiding principle since the beginning of the 1990s, when it was established to create a new post- Cold War era.
Cities in the EBRD regions face numerous challenges, including insufficient infrastructure investment, demographic changes, poor air quality and historical legacies of high energy and carbon intensity.
Many cities in these regions are also particularly vulnerable to the impacts of climate change, with increased heat stress and extreme weather events. Solid waste management is another pressing issue, with recycling almost negligible compared to the EU average of 39 per cent and far short of the EU target of 50 per cent of municipal solid waste recycling by 2020.
EBRD Green Cities
To address these challenges, the EBRD developed EBRD Green Cities, with the aim of building a better and more sustainable future for cities and their residents. The programme has three central components:
1. Green City Action Plans (GCAPs): Assessing and prioritising environmental challenges, and developing an action plan to tackle these challenges through policy interventions and sustainable infrastructure investments.
2. Sustainable infrastructure investment: Facilitating and stimulating public or private green investments in: water and wastewater, urban transport, district energy, energy efficiency in buildings, solid waste and other interventions that improve the city’s adaptation and resilience to climate shocks.
3. Capacity-building: Providing technical support to city administrators and local stakeholders to ensure that infrastructure investments and policy measures identified in GCAPs can be developed, implemented and monitored effectively.
EBRD Green City Aims to:
- Preserve the quality of environmental assets (air, water, land and biodiversity) and use these resources sustainably.
- Mitigate and adapt to the risks of climate change.
- Ensure that environmental policies and developments contribute to the social and economic well-being of residents.
Source: EBRD - Green Cities
-
Artikel
European Energy Efficiency Fund
As energy demand in the Member States of the European Union continues to rise, mitigation of climate change by improving energy efficiency and renewable energy to reduce greenhouse gas emissions remains increasingly important. The growing energy demand of private households and the transport and service sectors is a driving force of CO2 emissions in the European Union economies that needs to be addressed. The EU countries have agreed on the 2030 climate and energy framework, including EU-wide targets and policy objectives for the period between 2020 and 2030. As part of the European Green Deal, the European Commission proposed in September 2020 to raise the 2030 greenhouse gas emission reduction target to at least 55%. These targets aim to help the EU achieve a more competitive, resource-efficient and sustainable system and to help Europe become the first climate-neutral continent by 2050 – an economy with net-zero greenhouse gas emissions – by increasing the use of renewable energy by at least 32% and improving energy efficiency by at least 32.5%.
The European Energy Efficiency Fund (eeef) therefore aims to support the climate goals of the European Union (EU 2030 framework for climate and energy and the climate-neutral objectives of the European Green Deal) to promote a sustainable energy environment and foster climate protection by enabling projects in European cities, regions and communities to build resilient infrastructure. The Fund’s objectives are:
Contribute to the mitigation of climate change and transitioning to resilient, energy-efficient and green infrastructure
The eeef contributes to enhancing energy efficiency and fostering renewable energy in the form of a targeted private–public partnership, primarily through the provision of dedicated financing via direct finance and partnering with financial institutions. The eeef facilitates sustainable investments in the public sector, where projects are often hindered or decelerated due to budget restrictions and lack of experience with this kind of investment. On the targeted impact level, the eeef invests at the city, region and community level in the EU Member States by financing technologies in energy efficiency, small-scale renewable energy and clean urban transport, with all projects to achieve annually a minimum of 30% primary energy savings or greenhouse gas savings compared to the baseline. The eeef may only invest when the project’s energy or carbon savings, among other investment criteria, are fulfilled. As part of the Fund’s due diligence and for the duration of each individual investment, the Fund periodically evaluates and monitors the carbon emissions and primary energy savings performance in alignment with the International Performance Monitoring and Verification Protocol (IPMVP), which requires every project to establish a baseline energy consumption and then conduct a post-project implementation assessment.
The Fund has also registered its partnership with the UN on the Sustainable Development Goals (SDGs) partnership platform. The fund has been contributing effectively to three of the 17 SDGs: Goal 7 – Ensure access to affordable, reliable, sustainable and modern energy for all; Goal 11 – Make cities and human settlements inclusive, safe, resilient and sustainable; and Goal 13 – Take urgent action to combat climate change and its impacts.
Achieve environmental and economic sustainability for the Fund
The eeef pursues its environmental goals by offering funding for energy efficiency and small-scale renewable energy projects. The Fund observes the principles of sustainability and viability, combining environmental considerations and market orientation. It does so by financing economically sound projects, allowing for a sustainable and revolving use of its means.
Build public-private partnerships for climate financing
By achieving the first two objectives, the eeef aims to attract additional capital into climate financing. The environmentally and socially responsible way of conducting its business, the innovative public–private partnership structure and the experience of its stakeholders will be used to bring more capital into an area whose financial means are currently insufficient to strongly contribute to the mitigation of climate change.
Source: eeef - About
-
Artikel
The World Bank
The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.
Who we are
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
Our Mission
- To end extreme poverty: by reducing the share of the global population that lives in extreme poverty to 3 percent.
- To promote shared prosperity: by increasing the incomes of the poorest 40 percent of people in every country.
Source: The World Bank - About