Environmental Financing

Environmental Financing Topic Area

The topic area analysed the achievements of the climate change projects co-financed by the INTERREG IVC programme. Experts from the REC were involved in the collection of data; the in-depth analysis and benchmarking of project achievements; the organisation of a thematic workshop on the projects; the preparation of a detailed thematic report and publication; and the presentation of results at relevant events. A similar analysis was also carried out for projects co-funded by the Central Europe Programme focusing on environmental risk management and climate change.

Experts from the topic area also contributed research and carried out interviews in five countries for a market study on a common EU voluntary certification scheme for the energy performance of non-residential buildings. The work was commissioned by the EC’s Directorate-General for Energy. Together with Venice International University (VIU), the REC was part of a research project on green economy funded by Enel Foundation and produced a report on social factors in the transition to a green economy.

The Territorial Potential for a Greener Economy (GREECO) project under the European Observation Network for Territorial Development and Cohesion (ESPON), co-funded by the EU, seeks to identify the territorially relevant aspects of a green economy and highlight particular opportunities for European regions through the implementation of strategic territorial development and cohesion policy actions. Topic area experts drafted reports on aspects of green economy related to the water and waste sectors, and developed in-depth case studies on the development of green economy in Malta and in Hungary’s Southern Transdanubia region. A horizontal analysis of key territorial policy areas and their implications and contributions to the green economy was also carried out.

As part of the project Improving Access to Green Funding in CEE and Ukraine, the topic area developed profiles of all CEE countries and Ukraine. The profiles mapped the available funds and mechanisms for financing eco-innovation and environmental infrastructure and for carbon financing in selected countries.

Topic area members continued to work on the Green Infrastructure Network (GreenInfraNet) project, a partnership of 12 regions from across Europe working together to promote the development and implementation of green infrastructure in EU regions. One specific activity was the introduction to Hungary of the Spanish GIS-based SITxell spatial planning methodology through the organisation of workshops and consultations and participation at GreeInfraNet events and partnership meetings. The REC continued to lead communication activities.

The topic area continued to be involved in the activities of the European Network of Environmental and Managing Authorities (ENEA-MA) for the Cohesion Policy. The goal of the network is to contribute to the integration of environmental and sustainable development issues within the regional policy programmes of EU member states and candidates for accession.

FINDING INSPIRATION: Through the GreenInfraNet project, 12 regions from across Europe are working together to promote the development and implementation of green infrastructure
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