Increasing capacities in Cities for innovating financing in energy efficiency

This report is the first guidance material produced within the CITYnvest project. The document reviews twenty-four innovative financing and operational models for large-scale retrofits in eleven European countries and explains possible mechanisms and instruments that could be used by municipalities to carry out renovation works in buildings. 
The report aims to review the characteristics of the most effective initiatives that are currently being developed and deployed, and to draw up a features and benefits matrix as well as risks and issues arising analysis, such that any local authority can appreciate which model may be most appropriate to their own circumstances and what are the steps to be considered to develop their own model.
The document features instruments such as Energy Performance Contracting (EPC), Third Party Financing (TPF), revolving funds and cooperative models. It includes a simple tool, which helps to develop a strategic plan and an action plan.