On this page, you will find the collection of NetZeroCities resources on the topic of Finance: (1) videos on the training program on the investment plan; (2) The finance Guidance Tool; (3) information on Cities' Action and Investment Plans and (4) Deliverables.
7.1: Training programme and embedded tutoring on innovative finance for city officials:
The video recording recordings of the module on Investment plan is provided below in 3 parts
Video: NetZeroCities Capability Building Module Investment Plan | Part A
Video: NetZeroCities Capability Building Module Investment Plan | Part B
Video: NetZeroCities Capability Building Module Investment Plan | Part C
The Finance Guidance Tool aims to support the cities in navigating the complex landscape of financing options to fund its climate neutrality interventions. In this endeavour, it provides the cities with:
- an overview of existing financing instruments of the European Union implemented in partnership with public and private institutions.
- information on funding programmes and opportunities offered by the EU between 2021-2027 under Multiannual Financial Framework and Next Generation EU
- information on City-focused initiatives in Europe that could assist the cities
- An overview of financial products available for cities to explore from public and private financial institutions
- Access to innovative financing approaches and Best Practices
The Finance guidance tool is conceived as an interactive online tool to guide the cities in exploring financing resources beyond the traditionally used sources. The tool uses a step-by-step questionnaire to identify the financing needs of the cities and based on the responses suggests financing products that the city could consider to finance the climate neutral projects and actions. The tool is intended to be simple, easy to comprehend and quick to access information. Following are the listed financing options available to the cities.
- Municipal budget spending
- Revolving fund
- Revolving fund (Intracting)
- Taxes
- Grant
- Partial grant plus partial self-finance
- Blended Finance
- Concessional loan
- Green loans
- Commercial loan
- Guarantee
- Municipal bond
- Institutional investors
- Simple private contracting model
- Model with forfaiting and waiver of defence
- Private equity/Green equity
- Energy Efficiency Obligation Scheme (EEOS)
- On-bill financing
- EPC – Guaranteed savings
- EPC – Shared savings
- EPC - Related payments
- EPC - Immediate savings
- EPC - Staggered savings
- Public Private Partnerships (PPP)
- Philanthrophic Funds
- Sponsorship
- Crowdfunding
- Project finance /Special Purpose Vehicle (SPV)
7.3 Action and Investment Plan (part of the Climate City Contract)
Presentation on the Investment plan (Video): NZC Online Conference June 2022 | Session #3: Investment Plan - Financing the Ambition
Webinar on Co-creating a portfolio (Video): Climate Transition Map Series | NZC Co-create a Portfolio Webinar | 4 October 2022
Webinar on the Action plan (Video): NZC CCC Action Plan Webinar | 19th October 2022
Presentation on the Mission Label information (Video): NZC Mission Label Information | 19th October 2022
Webinar on Investment plan (Video): NZC CCC Investment Plan Webinar | Friday 21st October 2022
Q&A Drop-in session on Action and Investment plan (Video):NZC CCC Actions and Investment Plans Q&A Drop-in Session 2 | Thursday 17th November 2022
Q&A Drop-in session (Video): NZC CCC Action & Investments Plan Q&A Drop-in Session 4 | Thursday 24th November 2022
Presentation slides
Action Plan: NZC CCC Action Plan Webinar | 19th October 2022
Label Information: NZC Mission Label Information | 19th October 2022
7.4 Delliverables
- City climate finance landscape, barriers and best practices in city climate finance
- Training programme & “embedded tutoring” on innovative finance for city officials overview
- Report describing innovative climate finance assessment and knowledge development
- Investment plan framework
- Feedback to First Cohort of Cities
- Financing methods for co-benefits
- Policy recommendations