© paul bica
© paul bica

New toolkits for smart cities

Three new financing solutions toolkits for the energy efficient renovation of buildings have been developed by the CITYnvest project. The project assists local authorities in the application of suitable financing solutions for developments in sustainable energy action plans.

The first tool is the report, ‘Increasing capacities in cities for innovating financing in energy efficiency’, which is a review of the innovative financing and operational models for retrofits. It explains the various other toolkits available for cities to implement when performing renovation works in buildings.

Complementing the report, ‘The Recommendations Decision Matrix’ is a self-assessment tool compiled of questions that assist in the choice of which would be the most suitable course of financial or operational action.

Thirdly, the project’s ‘Guide for the launch of a One Stop Shop on energy retrofitting’ explains how an energy retrofitting project begins, whilst identifying the main challenges and success factors based on the experience of RenoWatt, a pilot project launched in Wallonia, Belgium.

CITYnvest is an Horizon 2020 project with foci in the five principal areas of the analysis and comparison of innovative financing models; the application of those models through three pilot projects; the monitoring of triggered investments and discovering key success factors; the wide scale training programme in ten countries; and the promotion of innovative financing for energy efficiency in buildings.