Opendata, web and dolomites

FALCO SIGNED

Financing Ambitious Local Climate Objectives

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 FALCO project word cloud

Explore the words cloud of the FALCO project. It provides you a very rough idea of what is the project "FALCO" about.

action    financing    conceptual    aggregated    accompanying    signatories    risk    gwh    longlasting    financial    builds    wp7    ca    disseminate    regions    uses    portfolio    lessons    efficiency    investment    barriers    budgets    volume    pilot    lifting    party    capital    wp3    document    flc    learnt    plans    renovation    replication    climate    promise    powerful    falco    unfortunately    public    integrates    implementing    solutions    27    17    validate    flemish    lack    project    wp2    contained    creation    demand    buildings    cherry    mayors    scalable    induce    looks    energy    view    investments    sheer    wp5    life    diligence    wp6    smes    paramount    designed    piggybacking    picking    operations    180    fight    realisation    solution    mio    policy    independent    undermines    wp4    tested    250    instead    contract    flanders    unlike    jobs    sustainable    adopting    private    savings    primary    ing    economic    covenant    recovery    holds    monitor    local   

Project "FALCO" data sheet

The following table provides information about the project.

Coordinator
TRACTEBEL ENGINEERING 

Organization address
address: BOULEVARD SIMON BOLIVAR 34 - 36
city: BRUXELLES
postcode: 1000
website: www.tractebel-engineering-gdfsuez.com

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Belgium [BE]
 Project website http://www.financinglocalclimateplans.eu
 Total cost 1˙172˙451 €
 EC max contribution 1˙172˙451 € (100%)
 Programme 1. H2020-EU.3.3.7. (Market uptake of energy innovation - building on Intelligent Energy Europe)
2. H2020-EU.3.3.1. (Reducing energy consumption and carbon foorpint by smart and sustainable use)
 Code Call H2020-EE-2016-CSA
 Funding Scheme CSA
 Starting year 2017
 Duration (year-month-day) from 2017-06-01   to  2021-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TRACTEBEL ENGINEERING BE (BRUXELLES) coordinator 455˙400.00
2    FACTOR 4 BVBA BE (DUFFEL) participant 250˙400.00
3    SUSTAINABLE MARKETS CONSULTING BE (ANTWERPEN) participant 145˙925.00
4    3E BE (BRUSSEL) participant 96˙943.00
5    CLIMATE ALLIANCE - KLIMA-BUENDNIS - ALIANZA DEL CLIMA e.V. DE (Frankfurt am Main) participant 51˙000.00
6    STAD GENT BE (GENT) participant 49˙468.00
7    VLAAMS-BRABANT BE (LEUVEN) participant 43˙801.00
8    STAD ANTWERPEN BE (ANTWERPEN) participant 42˙906.00
9    PROVINCIEBESTUUR WEST-VLAANDEREN BE (SINT-ANDRIES/BRUGGE) participant 36˙606.00

Map

 Project objective

Implementing ambitious local climate action plans is paramount in the fight against climate change. Moreover, the sheer aggregated investment volume contained in these plans holds the promise of a powerful longlasting economic recovery. Unfortunately, the lack of a comprehensive funding solution undermines the realisation of these plans.

FALCO addresses this problem by developing a financing solution for ambitious local climate plans of over 180 Flemish signatories to the Covenant of Mayors (“FLC Solution”). This solution builds on the results of several previous projects, integrates state of the art knowledge on sustainable energy financing, and was tested at the conceptual level. Unlike other solutions, the FLC solution 1) looks at the climate action plans as a whole (potential for piggybacking) instead of adopting a project-per-project view (risk of cherry picking); 2) focuses on lifting financial and non-financial investment barriers; and 3) uses private capital instead of public budgets for its financing operations. In addition, FALCO will develop accompanying (policy) measures that will induce demand for investments.

FALCO is designed as a scalable pilot that allows real-life testing of the FLC solution.

FALCO will: • Develop the theoretical FLC solution into a fully operational financial solution (WP2); • Develop a project portfolio (ca. 50 mio €) w.r.t. energy efficiency in SMEs and energy renovation of public and private buildings (WP3); • Have an independent party due diligence validate the proposed financial solution and project portfolio (WP4); • Contract investments for at ca. 17.6 mio € resulting in an estimated 27.7 GWh primary energy savings and the creation of 250 sustainable jobs (WP5); • Monitor the investments and document lessons learnt (WP6); • Disseminate the results in Flanders and in the EU, investigate its replication in other EU member states /regions (WP7).

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "FALCO" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "FALCO" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.3.3.7.;H2020-EU.3.3.1.)

EEW4 (2019)

Energy Efficiency Watch 4

Read More  

F-PI (2019)

Financing Energy Efficiency using Private Investments

Read More  

INNOVEAS (2019)

INNOVativing the uptake of Energy Auditing Schemes for SMEs

Read More