Access to financing is key for transforming ambitious Sustainable Energy Access and Climate Action Plans into projects. Climate finance will facilitate investments and help enable beneficiaries to better access finance mechanisms, leading to the implementation of concrete and sustainable actions at national and local level.
The funding page supports the Covenant of Mayors for the Mediterranean community with clear and practical information on funding and financing opportunities.
The funding guide gathers information on the funding initiatives managed by key financial institutions in the Mediterranean region and the European Union. Next to these, the guide includes information about support services and innovative financing schemes.
The useful links section collects the most relevant financing publications for the Covenant of Mayors for the Mediterranean community including best cases examples and lessons learnt.
Investment projects in the area of climate and energy for cities show many similarities in principles and models with other (more traditional) investment projects. Understanding these aspects would be an important step for local authorities who will have to decide the most effective approach to implement the actions contained in their SEACAP(s).
Key publications including best practices from the Covenant of Mayors for the Mediterranean community, lessons learnt and useful reports from the main EU institutions are collected in this section.