#EURegionsWeek: Smart Cities Marketplace session

Together with the Covenant of Mayors, the Smart Cities Marketplace and the Scalable Cities Initiative are organising a session at the European Week of Regions and Cities.

Capturing alternative sources of funding & financing for sustainable energy and climate actions: insights and good practices from the Smart Cities Marketplace and SCALABLE CITIES initiatives

When? Tuesday, 11 October 2022 14:30 to 16:00 CEST

The investment deficit to meet the EU’s climate commitments is considerable. The need for public and private funding to support the ecological transition is increasing. However, access to financing remains one of the biggest challenges of Covenant signatories when developing and implementing their Sustainable Energy and Climate Action Plans. On the other hand, projects’ outputs, and solutions, are not always mature enough or attractive to private investors. Local authorities still require support to mobilise alternatives sources of funding and develop innovative climate financing schemes. Additional assistance is also required to bridge the gap between municipalities and investors on the mitigation market. This event will reflect and build on two initiatives, active on supporting municipalities to access and mobilise additional and alternative sources of funding and will share some lessons learned and recommendations to participants.

Steinbeis Europa Zentrum is part of the Smart Cities Marketplace consortium.