The Covenant of Mayors

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1 The Covenant of Mayors Elodie Bossio Covenant of Mayors Office Naples, 10 th April 2015

2 The Covenant of Mayors in a nutshell

3 Flashback Creation of the Covenant of Mayors Office Launch of the Covenant of Mayors initiative Priority action in the EU Action Plan for Energy Efficiency

4 Obiettivi UE (entro il 2020) Ridurre del 20% le emissioni di gas serra Trend attuale verso il % 20% del fabbisogno di Aumento del 20% energia da fonti dell efficienza rinnovabili energetica 100% Trend attuale verso il %? -18%? Trend attuale verso il % 4 (fonte: Commissione Europea, 2014)

5 The Covenant today

6 An unprecedented success 6,200 signatories 196 million citizens 53 countries 4,500 Sustainable Energy Action Plans 300 Monitoring Reports 6

7 ... Ambitious goals 28% 20% 18% CO 2 reduction Energy savings Local energy production Corresponding to 189 Mtonnes CO 2 eq. to be reduced, which is the equivalent of overall emissions of Belgium and Luxemburg combined. Corresponding to 479 TWh of estimated energy savings to be reached by 2020 as a result of measures in the buildings and transport sectors. Source: JRC (2015), The Covenant of Mayors in Figures 6 Year Assessment" report. Corresponding to 133 TWh of energy to be locally produced, mainly from CHP, PV and wind power. This will contribute to meet 18% of signatories future energy demand from local energy production. 7

8 The Covenant of Mayors process

9 The Covenant Commitments 9

10 The Sustainable Energy Action Plan Where are you? Where do you want to go? How do you get there? Baseline Emission Inventory Analyse the current status in terms of energy use and associated CO 2 emissions. Actions Define a set of comprehensive actions with estimated impacts. Vision, Objectives, Target Agree on a vision, objectives and CO 2 emissions reduction target for

11 The Sustainable Energy Action Plan Energy Demand Energy Supply 11

12 What is reported in the template? Overall strategy (target, vision, staff, budget, etc.); Final energy consumption by sector and by energy carrier; CO 2 emissions factors adopted for each energy carrier; Local energy production (if applicable); CO 2 emissions by sector and by energy carrier; Key actions (estimates on cost, energy savings, renewables and CO 2 reduction by 2020). 12

13 Guidance materials SEAP Guidebook and Reporting Guidelines Quick Guides on Joint SEAP, Financing...

14 What happens next? SEAP catalogue 14

15 Actions popping up across different sectors Integrated mobility planning in Nantes (FR) 30 km/h limit in the city centre 42 km tram network 400 km network of bike lanes Car-pooling scheme Free electric bicycles in Agueda (PT) Pilot scheme 10 e-bicycles 260 users km in 2 years 15

16 Actions popping up across different sectors Energy self-sufficiency in Beckerich (LU) Biogas cooperative (19 farmers) 700 families served with electricity and hot water produced by the biogas plant 15% of households invested in PV 16

17 Involving citizens Climate Fund Province of Limburg (BE) cooperative fund investing in climate-friendly projects by the means of loans. 100 shares for citizens Limited profits but unique opportunity to directly involve households and to help project developers finance small to medium-sized projects In the renewable energy sector alone 70,000 cooperative members raised 100 million in recent years in Belgium. 17

18 Monitoring SEAP implementation 18

19 Workshops & Webinars Check out our online agenda! Coming soon: Webinar on Monitoring SEAP implementation Vila Nova de Gaia and Växjö tell us about their monitoring experience and process of filling in the template. 19

20 Financing

21 21

22 Overview of Project Development Assistance facilities ELENA EIB Large scale investments Direct contracts with EIB Open call, no deadline Leverage 20 All IEE MS ELENA KfW Mid size investments Intermediated via PFIs Open call, no deadline Leverage 20 All IEE MS < Є50m ELENA CEB Mid size investments Direct contracts with CEB or Intermediated via PFIs Open call, no deadline Leverage 20 IEE/CEB MS * < Є50m * >Є50m Technical Assistance for Project Development Services MLEI Small scale investments Direct contracts with EACI IEE call, standard deadline Leverage 15 IEE MS > Є6m ELENA EBRD Mid size investments Direct contracts with EBRD Open call, no deadline Leverage 20 IEE/EBRD MS < Є50m

23 EU Funding: ELENA & MLEI PDA ELENA (European Local ENergy Assistance) Province of Barcelona, Spain Province of Milan, Italy Province of Modena, Italy Province of Chieti, Italy Provinces of Padova and Rovigo, Italy PDA Horizon EE Province of Teramo : street lighting Province Limburg : ESCO development Province Huelva Province of Torino City of Padova 23

24 Project development assistance From action plans to investments Loans, grants Pay As You Save, EPC Investment funds Banks, ESCO s, financial markets, grants EIB, EBRD, Jessica, EEEF Signing the investment contracts Procurement Technical and financial engineering Project Development Assistance ELENA facilities Setting up a financing scheme Sustainable energy action plan Mobilisation of local stakeholders H2020 programme «main call» National programmes This presentation requires oral explanations 24

25 THANK YOU! 25

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