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Local and Regional governments play a vital role in the fight against climate change in the European Union. They are directly responsible for enabling and/or enforcing the implementation of national and European legislation into practice as they directly and indirectly control the development of their territories.
The PROSPECT+ team has developed a Project Finance Readiness Tool in order to help local authorities assess the financial maturity of their planned sustainable energy projects. The tool is a self-assessment of the finance readiness of their projects to seek funding for its implementation. The tool further provides orientation for local authorities on the elements needed in order to provide potential financiers with a high-quality proposal.
The tool focusses on several important areas, including details about your local authority, the scope and impact of your sustainable energy project, the roles of promoters and stakeholders as well as critical legal aspects. These areas are essential to ensure that your project meets the criteria of financial institutions, increasing its chances of securing funding.
The REGIO1st Planning Framework provides a comprehensive, structured approach for regional energy planners, regional authorities' technical staff and interested stakeholders in Europe to develop and implement sustainable, cost-effective energy strategies in line with the Energy Efficiency First (EE1st) principle.
The framework is organized into eight stages, each containing specific steps that are key to the process. It also includes a suite of tools, that can assist planners through different stages of the process, while emphasizing the importance of energy efficiency solutions.
Ultimately, this framework aims to support Europe’s transition towards a low-carbon, environmentally sustainable, and economically prosperous energy system, in line with the region’s climate and energy objectives, and the Energy Efficiency First principle.
In the ENSMOV knowledge transfer platform, best practices, guidelines, case studies, training materials and country reports from the EU and beyond are available for public authorities and other key stakeholders to support the implementation of energy efficiency policies. An online forum and a LinkedIn group offer the possibility to share ideas and have direct support by asking questions to country experts for the countries listed.
Developed by the ENSMOV project, the platform will be updated in 2023 through the ENSMOV+ project.
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