3.Rethink financing solutions

What are the solutions to the public financial, debt and credit crisis? How can we finance the energy transition? What can we do to make it a driving force behind the local economy and job creation? What are the new financial cash flows for this new economy?

Proposals for mobilising financial resources, in particular of local stakeholders and citizens:

3.1. Keep money spent on energy near to home

• Güssing (AT),
• Antonesti (MD),
• Samso (DK),
• Orebro (SE).

3.2. Collect local savings and invest them in sustainable local energy projects

• Copenhagen (DK),
• the Energy Share funds (GB).

3.3. Integrate future energy prices in the economic calculations made prior to investment decisions

3.4. Dedicate human capacities in financial engineering

• Vila Nova de Gaia (PT),
• Malmö (SE),
• Cambridgeshire and Peterborough (GB).

3.5. Set up financial structures dedicated to the energy transition

• Hanover (DE),
• the "Green Deal" (GB),
• the REScoop network.

3.6. Channel spending towards local economies by means of a local currency - Wiki only



Go to:

1. Empowering local actors
2. Knowing our territories’ resources and flows
4. Inventing a new local governance
5. Urban planning as a way of reducing energy use

Download the whole Booklet:

30 Energy Cities’ proposals for the energy transition of cities and towns In 2012, Energy Cities initiated a process aimed at making and debating proposals for accelerating the energy transition of European cities and towns. These proposals are based on innovative approaches, new ideas and groundbreaking practices. They provide practical answers and link today’s action to the long-term vision of a low energy city with a high quality of life for all. Download: PDF - 6.9 Mb