Climate Alliance calls for locally-driven energy efficiency financing

On 4 December, Climate Alliance released a set of five policy recommendations demanding an increased emphasis on the local level in energy efficiency financing. “Boosting investment for sustainable building renovation is vital for the energy transition, but for municipalities, access to adequate financing remains difficult,” explains Climate Alliance’s Giustino Piccolo, Citynvest Project Coordinator. The recommendations are a product of Citynvest, an EU-funded project providing practical guidance for local authorities on financing energy retrofits. The experiences of Climate Alliance member municipalities involved in the network’s Working Group on Financing as well as those of six project partners fed into the recommendations, which mark the close of the three-year project.

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