Financing Climate Action

Green Recovery: financing climate action in European municipalities

This session talked about how to make use of available national, EU, and international financing as well as private financing is key to implementing the transition to low carbon municipalities. They discussed what financing is available, shared good examples and talked about what role the green recovery funds play.

Find the session presentation here.

Our Highlights

The speakers shared their experiences and important notes on green finance:

Simona Iliescu, Inspector, Local Development Department, Municipality of Ramnicu Valcea, Romania

  • Ramnicu Valcea has transformed substantially; the city has mainly worked with Structural Funds, local funds, but also national budget, particularly for energy efficiency projects, for example they financed 35 new buses with NCG.

Francisco Gonçalves, Project Management & Overall Coordination, Energy Cities

  • Financial instruments exist, but are usually rather accessed by larger cities due to resources. More support is needed to enable access to ressources.

Anna Zawadka, Secretary of the Town and Municipality of Sztum

  • Landscapes can create great potentials for tourism and the local economy.

Sylwia Slomiak, Wisloka River Basin Communes and Country Expert for Poland at European City Facility

  • The association of municipalities helped to have a unified approach across the region. Climate action as joint effort in this region of small municipalities was financed by Swiss-Polish collaboration contributions.

Moritz Schäfer, Associate Director, Guidehouse

  • The Green Recovery Fund sets out the framework for the coming years.