GHG financing and 2030 ROADMAP

One of the Reports prepared by Business4Climate + partners is about identifying successful climate and energy project financing models from across Europe. The report “GHG financing models and support schemes in the EU (2019)” is available on line. The report is structured in the following way: First, the current financing situation in Cyprus is analysed in Chapter 1 with a focus on the national context and barriers as well as current financing gaps. The role of key actors is also part of the analysis. Chapter 0 provides an overview on the available financing models for energy efficiency and GHG mitigation, followed by a summary of current EU support schemes. Finally, Chapter 3 provides a selection of best-practice examples from EU member states. This chapt er is di vided in two sub-categories: Chapter 3.1 deals with financial instruments related to banks while Chapter 3.2 is focused on financial instruments related to governmental support schemes. The report is complemented by a detailed overview of support schemes available in all member states that is presented in the annex.

A National Road Map for Financing Climate Projects for 2030 was also developed, which is a comprehensive report of the main results and findings for the appropriate financing instruments and tools for Cyprus.