Financing – Own Your SECAP

Resources for financing

The Convenant of Mayors website offers a comprehensive overview on financing opportunities.

Project’s methodology: green budgeting

We aim at putting together a simple and easy to use method that gives an indication of the environmental impact of future or past expenditures. It is based on the green budget method with the following adjustments :

Keep it simple. Headlines or categories give sufficient information. Analysing all details gives more accuracy but the overall trend is more or less the same.
Start with the investments and expand to operations in the future
Allow proportions. Existing methods are rather binary whereas the reality is not always black or white. For example, while building a road with bicycle lanes, the road in itself is negative but the bicycle lanes are positive. Hence the suggestion of 80% negative and 20% positive.

Green Budgeting and SECAP Integration Methodology

OwnYourSECAP’s approach for defining the municipal climate budget, which will be tested in the national municipalities of each partner country, includes five main steps:
1.     Review the municipal budget (or Investment Plan): study the municipal budgets in table format to begin the analysis.
2.     Classify actions: mark the percentage or proportion of climate impact of each action (positive, negative or neutral), include relevant observations and link them to SECAP measures
3.     Summarize the results: prepare a report on climate-related actions, impact, budgets of actions benefiting climate change and trends identified.
4.     Select between 8 and 10 key actions for the next 2-3 years of the budget which are also include in the SECAP, evaluate them according to their effectiveness and environmental impact.
5.     Securing climate commitment: establish guidelines for identifying climate actions in future budgets and commit to increase climate investment by 2030.

Climate-maintreaming municipal budgets

Michaël TOMA of MT Partenaires ingénierie presented, during the international P2P Worshop in Prague in April 2024, the essential elements of mainstreaming climate budgets from the definition to the different possibilities : green public procurement, divesting municipal funds from fossil, financing climate actions and environmental reporting and budgeting.

Publications from the H2020 Compete4SECAP project on financing opportunities

Soft Loans

EIB funds – supporting investments in energy efficiency

Cohesion fund (CF)
European Regional Development Fund (ERDF)
European Social Fund (ESF)

LIFE
H2020

Energy Performance Contracting

Coporate Social Responsibility (CSR)

Energy Cooperatives

Crowdfunding and microloans

On bill financing

Revolving loan Fund (RLF)

This project has received funding from the European Union’s Life funding instrument for the environment and climate action under grant agreement no 101077109. The sole responsibility for the content of this website lies with the OwnYourSECAP project and does not necessarily reflect the opinion of the European Union.