Openfund

CORDIS · CITYnvest

Increasing Capacities in Cities for Innovative Financing in Energy Efficiency

Code
CITYnvest
Programme
H2020
Call
EE-21-2014
Status
CLOSED
Period
2015-02-01 – 2018-01-31
Total cost (whole consortium)1 512 939 €
EU contribution (whole consortium)1 512 937 €
EU contribution to Bulgarian participants144 812 €

Official data · CORDIS · synced 2026-10-18 03:29 · official record

Participants

OrganisationsRoleCountryGrant
KLIMA-BUNDNIS DER EUROPAISCHEN STADTE MIT INDIGENEN VOLKERN DER REGENWALDER / ALIANZA DEL CLIMA EVcoordinatorDE390 124 €
CONSEIL DES COMMUNES ET REGIONS D'EUROPEparticipantBE327 375 €
GROUPEMENT DE REDEPLOIEMENT ECONOMIQUE DU PAYS DE LIEGEparticipantBE266 500 €
INSTITUTO DE FOMENTO DE LA REGION DE MURCIAparticipantES172 312 €
ENERGINVESTparticipantBE146 500 €
SOFIA ENERGY CENTRE LTDparticipantBG144 812 €
RESCOOP EU ASBLparticipantBE65 313 €
IN SITEthird partyBE0 €
MAC MANAGEMENTthird partyBE0 €
REFLEX KORNYEZETVEDO EGYESULETthird partyHU0 €
KLIMABUNDNIS OSTERREICH GEMEINNUTZIGE FORDERUNGS- UND BERATUNGS GMBHthird partyAT0 €
ALLEANZA PER IL CLIMA ITALIAthird partyIT0 €
REGION DE MURCIAthird partyES0 €

Description

CITYnvest strives to introduce innovative financing models (revolving funds, EPC,TPF, cooperative models, etc.) in 3 Pilot Regions (partners Liège (BE), Rhodope (BG) and Murcia (ES)) and conduct a wide-scale capacity building programme in 10 focus countries concerning specific financial instruments/business models. The assessment of innovative financial models is integral to discovering opportunities and identifying and overcoming barriers that specifically local and regional levels face. The project aims to develop a web-based portal that provides diverse practical guidance and match-makes experienced forerunners with less-experienced first-timer authorities. CITYnvest will spread the under-utilized financing models that enable project bundling and aggregation by mobilising the entire value chain at the regional/local level towards Horizon 2020’s energy efficiency goals. To succeed, the project will first tackle public authorities’ lack of understanding and knowledge on innovative financing models for sustainable energy services, especially retrofitting the building stock. Second, CITYnvest’s concrete guidance will ensure in-depth capacity building and training. Third, close collaboration with authorities will trigger innovative financing schemes implementation and mobilise finance for energy efficiency services. Organization of consistent follow-up will monitor progress towards the objective of 37,5 GWh savings/year and other commitments. Finally, the national structures (of CEMR and CA) and invited experts will liaise with the participating public authorities in the capacity building programs to achieve CITYnvest’s goal of ensuring long-term engagement.CITYnvest partners liaise with an Advisory Expert Group and pool of experts to provide the expertise and guidance/training. CITYnvest will further create synergies with other wide-spread initiatives, such as the Covenant of Mayors, linking SEAPS to innovative financing models for energy efficiency.

Official data · CORDIS · synced 2026-10-18 03:29 · official record · Licence: © European Union, CC BY 4.0 (Commission reuse policy).