Financing Community Energy

Unlocking the Finance Needed to Speed Up Renewables Development in Europe

15 April 2021, 12:00 - 13:30
- Zoom

The IRENA Coalition for Action Community Energy Working Group and the EU Community Power Coalition, of which ICLEI Europe is a part of, are organising a first joint webinar on “Financing Community Energy - Unlocking the finance needed to speed up the development of renewable in Europe” on April 15th between 12:00 and 13:30 CEST.

Europe is confronted with the challenge to create a reliant and sustainable energy supply across the continent and to deal with the effects of the COVID19 pandemic, climate change and environmental changes, as well as their socio-economic implications. Community energy, as a model of energy supply being owned and run by cooperatives and communities, has the potential to speed up the deployment of renewable energy, ensure energy security and benefit people locally by increasing opportunities for inclusion and ownership among people. To build on the current momentum of climate action and the green energy transition, our objective is to further the discussion on creating a favourable environment for community energy financing, the respective enabling legislative and regulatory frameworks and policy guidelines.

This webinar aims at defining and sharing concrete finance needs of community energy projects and municipalities interested in promoting such communities in Europe. By providing insights into recent research on the role of community energy as a driver of a green energy transition in Europe as well as the relevance of investments in community this virtual event will provide space of informed exchange and dialogue. Key actors from political decision-makers, civil society, practitioners, European investment and cooperative banks, as well as energy experts, are invited to participate in this cross-cutting event and share their experiences, needs and expertise.