CITYnvest

How can your city find innovative ways to finance energy efficiency in buildings? CITYnvest has the answer. For CITYnvest’s event on 18 January, the room was more than full to talk about innovative financing models to invest in sustainable energy – a necessity for many cities across Europe.

According to Elise Steyaert from Climate Alliance, “Local governments face barriers (…), which they cannot tackle on their own”. CITYnvest is aware of this, and helps local governments with appropriate guidance tools to deploy their own financing models for energy efficiency renovations in buildings. How does it work?

During the event, the speakers laid out what CITYnvest has to offer. Having acquired solid experience through the analysis of a wide panel of 26 different financing models, CITYnvest is the only player to provide top of the range guidance material and capacity building for launching wide-scale renovation programs both operationally and financially.

As explained during the event, CITYnvest helps to introduce innovative financing models for energy efficiency in three pilot regions: Liège (Belgium), Rhodope (Bulgaria) and Murcia (Spain). Ivanka Pandelieva, from Sofia Energy Center (SEC), explained how “the CITYnvest project is a real game-changer in Rhodope – it stimulated the collaboration between 6 municipalities to launch a one-stop-shop for energy efficiency investments, which will result in boosting the local economy and job creation.”

CITYnvest was also a success in the pilot region of Murcia (Spain), and as Rafal Ataz Gomez from InfoMurcia stated, “CITYnvest helps speed up the process of the market-uptake in our pilot regions”.

Jean-François Marchand from Energinvest presented the various guidance tools and the comparison report of CITYnvest.

Want to know more on how CITYnvest can help your town or city find innovative financing schemes for energy efficiency? Visit CITYnvest.eu.