Illustration Funding Instruments

Covenant Signatories Signatories Signatories represent cities, with different size from small villages to major metropolitan areas such as London or Paris, that have signed the Covenant of Mayors on a voluntary manner and are committed to implement sustainable energy policies to meet and exceed the EU 20% CO2 reduction objective through increased energy efficiency and development of renewable energy sources. , voluntarily committed to meet and exceed the EU target of 20% CO2 emissions reduction by 2020, are on the lookout for funding opportunities crucial to develop their Sustainable Energy Action Plans Sustainable Energy Action Plans A Sustainable Energy Action Plan (SEAP) is the key document in which the Covenant signatory outlines how it intends to reach its CO2 reduction target by 2020. It defines the activities and measures set up to achieve the targets, together with time frames and assigned responsibilities. Covenant signatories are free to choose the format of their SEAP, as long as it is in line with the general principles set out in the Covenant SEAP guidelines. and finance the actions featured in it.

This section presents a non-exhaustive list of financial programmes and initiatives available to Covenant Signatories Signatories Signatories represent cities, with different size from small villages to major metropolitan areas such as London or Paris, that have signed the Covenant of Mayors on a voluntary manner and are committed to implement sustainable energy policies to meet and exceed the EU 20% CO2 reduction objective through increased energy efficiency and development of renewable energy sources. .

To find out how fellow Covenant Signatories Signatories Signatories represent cities, with different size from small villages to major metropolitan areas such as London or Paris, that have signed the Covenant of Mayors on a voluntary manner and are committed to implement sustainable energy policies to meet and exceed the EU 20% CO2 reduction objective through increased energy efficiency and development of renewable energy sources. are tapping into these and other resources, read the collection of case studies listed in the Covenant Thematic Leaflet on financing. You will also find a list of useful publications at the bottom of the page

Quick Reference Guide – Financing Opportunities for Local Sustainable Energy 2014-2020

USEFUL PUBLICATIONS

PDF - 3.2 Mb
Thematic leaflet on Inspirational Financing Schemes: Food for Thought for Covenant Signatories
This Thematic Leaflet seeks to provide an overview of the different funding opportunities available to Covenant Signatories at the local, regional, national and European level.
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FUNDING
Title Author Date
Final report of the CSI Europe European Commission European Commission The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union’s treaties and the general day-to-day running of the Union. With the Covenant of Mayors initiative, the European Commission - DG Energy endorses and supports the efforts deployed by local authorities in the implementation of sustainable energy policies. , URBACT network 2015
"Energy Efficiency – the first fuel for the EU Economy : How to drive new finance for energy efficiency investments" Energy Efficiency Financial Institutions Group (EEFIG) 2014
Overcoming the split incentive barrier in the building sector JRC JRC The Joint Research Centre (JRC) is the scientific and technical arm of the European Commission. It works in close co-operation with the CoMO to provide signatories with clear technical guidelines and templates in order to assist delivery of their Covenant of Mayors commitments as well as to monitor implementation and results.
Website of the JRC: http://ec.europa.eu/dgs/jrc/
2014
Financing Sustainable Urban Mobility Booz&Co 2014
Local Innovations to Finance Cities and Regions FMDV 2014
"Enabling synergies between European Structural and Investment Funds, Horizon 2020 and other research, innovation and competitiveness-related Union programmes" European Commission European Commission The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union’s treaties and the general day-to-day running of the Union. With the Covenant of Mayors initiative, the European Commission - DG Energy endorses and supports the efforts deployed by local authorities in the implementation of sustainable energy policies. ’s Directorate-General for Regional Policy 2014
"Technical guidance: Financing the energy renovation of buildings with Cohesion Policy funding" European Commission European Commission The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union’s treaties and the general day-to-day running of the Union. With the Covenant of Mayors initiative, the European Commission - DG Energy endorses and supports the efforts deployed by local authorities in the implementation of sustainable energy policies. ’s Directorate-General for Energy 2014
Using EU funding mechanism for Smart Cities European Commission European Commission The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union’s treaties and the general day-to-day running of the Union. With the Covenant of Mayors initiative, the European Commission - DG Energy endorses and supports the efforts deployed by local authorities in the implementation of sustainable energy policies. November 2013
The new LIFE financial instruments European Commission European Commission The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union’s treaties and the general day-to-day running of the Union. With the Covenant of Mayors initiative, the European Commission - DG Energy endorses and supports the efforts deployed by local authorities in the implementation of sustainable energy policies. 2014
Interim report on the pilot phase of the Europe 2020 project bond initiative European Commission European Commission The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union’s treaties and the general day-to-day running of the Union. With the Covenant of Mayors initiative, the European Commission - DG Energy endorses and supports the efforts deployed by local authorities in the implementation of sustainable energy policies. 2013
Closing the circle: funding schemes for energy efficiency investments in 2014-2020 European Investment Bank 2014
Bonds and climate change: The state of the market in 2014 Climate Bonds Initiative 2014
URBAN MOBILITY
Title Author Date
Guidelines - Developing and Implementing a Sustainable Urban Mobility Plan Rupprecht Consult September 2011
Final ADVANCE Audit Scheme and Guidelines (Auditing and certification scheme to increase the quality of sustainable urban mobility plans in cities) Traject November 2013
ENERGY COOPERATIVES
RESCOOP Final Report Dirk Vansintjan 2015
RESCOOP Best practices report RESCOOP 20-20-20 consortium 2014
RESCOOP Guide to engage and manage stakeholders RESCOOP 20-20-20 consortium 2014
Handbook on investment schemes for RESCOOP projects RESCOOP 20-20-20 consortium 2014
PUBLIC LIGHTING
Title Author Date
Financing public lighting modernisation Covenant of Mayors Office Covenant of Mayors Office The Covenant of Mayors Office (CoMO), established and funded by the European Commission, is responsible for the coordination and daily management of the initiative. It provides signatories with administrative support and technical guidance, facilitates networking between Covenant stakeholders and ensures the promotion of their activities. The CoMO is managed by a consortium of European networks representing local and regional authorities, led by Energy-Cities and composed of CEMR, CLIMATE ALLIANCE, EUROCITIES and Fedarene. December 2015
Guide: Energy Performance Contracting for Streetlight Refurbishment Streetlight-EPC project 2015
Checklist: Energy Performance Contracting for Streetlight Refurbishment Streetlight-EPC project 2015
FAQs: Energy Performance Contracting for Streetlight Refurbishment] Streetlight-EPC project 2015
TOOLS
FRESH - Financial simulation tool (See introduction to use here) ICE 2013
SDH Online Calculator - (See description here) Steinbeis 2014
CEEM (self assessment) online tool CEEM 2014
HES (self assessment) online tool HES 2012
E-RETROFIT-KIT (tool kit for passive house retrofit) E-Retrofit 2007
LEAF LEAF 2014
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