Environmental Financing

The Environmental Financing Topic Area analysed the thematic achievements of 11 climate change projects co-financed by the INTERREG IVC Programme and presented the findings in a comprehensive study. Policy recommendations and a policy paper were also developed. The topic area also began the implementation of a third capitalisation contract.

In the context of the project “Improving Access to Green Funding in CEE and Ukraine”, a workshop was organised on financing eco-innovation in the CEE region. The workshop provided an opportunity to discuss experiences, new mechanisms and frameworks, and the challenges related to investing in eco-innovation activities in CEE. A study on green financing in CEE was also prepared, including recommendations for improvements.  

Activities in Ukraine included the organisation of a workshop in Kiev and the development of two background papers. The workshop, which drew a large number of participants, focused on streamlining investments in the waste sector in Ukraine. Topics covered included the strategic and legal framework in the waste sector; on-going work in the waste sector in Ukraine (investment perspectives); the financing of waste management reform; and economic instruments. The two background papers were on financing waste management; and improving access to green funding. The latter included an overview of energy efficiency and renewable energy in Ukraine and offered an insight into the legal context of these issues as well as existing barriers.

The project “Territorial Potential for a Greener Economy” (GREECO), co-funded by the EU, came to an end in 2014. The project sought to identify the territorially relevant aspects of a green economy and to highlight particular opportunities for European regions through the implementation of strategic territorial development and Cohesion Policy actions. Topic area experts finalised or contributed to five project outputs:

  • Final project report (contribution)
  • Case study summary report: Regional potential to develop a green economy
  • Policy analysis report: Identification of green economy policy implications
  • Case study, Vol. 4.6: Southern Transdanubia
  • Case study, Vol. 4.8: Malta

In cooperation with the Climate Change and Clean Energy Topic Area, the Environmental Financing team finalised activities under the OrientGate project, co-funded by the South East Europe Transnational Cooperation Programme. The project aimed to help stakeholders in SEE to address climate adaptation challenges. The Environmental Financing Topic Area coordinated the delivery of the REC’s outputs under two work packages along with the preparation of nine six-page leaflets and three issues of the OrientGate newsletter during the year.

The topic area continued to be involved in the activities of the European Network of Environmental Authorities – Managing Authorities (ENEA-MA) for the Cohesion Policy. It also participated actively in the Partnership for Clean Fuels and Vehicles and the Global Fuel Economy Initiative and was instrumental in securing two large contracts for projects on fuel economy in Montenegro and the former Yugoslav Republic of Macedonia. 

Experts from the topic area contributed to the following major environmental events in 2014:

  • INTERREG IVC capitalisation event “Policy Sharing, Policy Learning”, including a presentation on the results of the thematic capitalisation – May 22, Brussels
  • ENEL Foundation and Venice International University workshop “Towards a Green Economy” – June 10, Venice
  • SEE Transnational Cooperation Programme annual conference – September 24-25, Ljubljana
  • ESPON Workshop on Green Economy – September 29, Brussels
  • Update of the Mediterranean Strategy for Sustainable Development – September 30, Marseille
  • OECD Task Force meeting – November 25, Paris

Ruslan Zhechkov carried out two trainings on green economy for civil society organisations in Moldova and Belarus under the Swedish-funded project “Supporting Environmental Civil Society Organisations (SECTOR) in Belarus and Moldova”, adding two new countries to the topic area’s geographical scope of work.

Topic area experts also took part in a study for a voluntary common EU certification scheme for the energy performance of non-residential buildings, contributing information on Malta, Italy, Slovenia, Portugal and Romania.

Environmental Financing
Publications

Climate Gateway - Issue 6
December 2014 | Print

Opening Access to Climate Knowledge
December 2014 | Print

GreenSpace – Issue 6
December 2014 | Print

Climate Gateway – Issue 5
November 2014 | Print

Framing the challenge
November 2014 | Print

Adaptation in water and coastal areas in Puglia, Italy
November 2014 | Print

Climate change impacts on the hydropower sector in Trentino, Italy
November 2014 | Print

Wetland adaptation in Attica Region, Greece
November 2014 | Print

Urban adaptation in two Hungarian municipalities
November 2014 | Print

Adapted forest management in Austria
November 2014 | Print

Adaptation measures in Romanian agriculture
November 2014 | Print

Reaping Results
October 2014 | Print

Sharing Success
September 2014 | Print

GreenSpace – Issue 5
July 2014 | Print

Climate Gateway – Issue 4
June 2014 | Print

GreenSpace – Issue 4
February 2014 | Print

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