Regional concepts attract greater funding

The project, CMF 2.0, is in the process of developing two climate mitigation fund concepts for the cities of Frankfurt am Main and Bologna, which are designed to reflect each region’s specific capacities and requirements. The project partners, including the University of Kassel, Modena Energy Agency and ASTER, in close collaboration with the Cities of Bologna and Frankfurt am Main, aim to develop concepts that will substantially increase the funding volume for both income-generating and non-income-generating climate projects.

In order to achieve this goal, the project takes an innovative approach by focusing on the needs of both the demand and supply side. Through expert consultations, workshops and surveys, the CMF 2.0 team will analyze the pool of potential regional investors with regards to their expected conditions and desired benefits.

The project will also consider methods to increase investor motivation. Finally, CMF 2.0 will categorize projects that are eligible for financing, and design a sustainable management structure, ensuring an efficient and lasting framework.

This project will provide a validated methodology for cities across Europe to create their own locally-tailored climate funds. CMF 2.0 is in touch with other LoCaL projects (Matchmaker, Project Preparation Facilities) to ensure compatibility between CMF 2.0 and other stages of urban climate financing.