Participants will learn about the key steps in developing robust climate projects, gain a better understanding of the project development cycle, what bankability means, how to pool projects together to read relevant ticket sizes, and what are the critical elements of an investment-ready project. To gain practical knowledge, participants will work in parallel in three groups on one project proposal in each, discussing and analyzing the financial aspects and transformative potential. The projects will represent a geographical diversity coming from Africa, Asia and Europe.
During the Workshop, participants will be divided into breakout rooms and discuss the following questions:
● What makes a project investment ready?
● What are the typical criteria that enhance a climate change project’s potential to access finance for project preparation and its implementation?
● Which are the main challenges in project development?
● Which institutional arrangements, financial and technical resources are needed to overcome difficulties in climate change projects being implemented?
- Bella Tonkonogy, Director, Cities Climate Finance Leadership Alliance (CCFLA)
- Augustin Maria, Program Manager of City Climate Finance Gap Fund, World Bank
- Nigel Jollands, Associate Director, Green Cities Programme, European Bank for Reconstruction and Development (EBRD)
- Eszter Mogyorósy, Head of Innovative Finance, ICLEI World Secretariat
- Giorgia Rambelli, Coordinator, Climate Policy & Energy Governance, Sustainable Resources, Climate and Resilience, ICLEI European Secretariat
13:45-13:50 CEST | Welcoming remarks and keynote
13:50-14:15 CEST | Presentation of funds and initiatives for project preparation
– Transformative Actions Program
– Gap Fund, European Investment Bank/World Bank
– Green Cities Programme, European Bank for Reconstruction and Development (EBRD)
14:15-14:50 CEST | Breakout sessions
All the participants will be divided in three different virtual rooms, each one of which will be focusing on a different project and financing instrument. A short presentation from a representative of the selected project will serve as a trigger to the open discussion where all participants are called to contribute sharing their observations and comments.
Together with the support of a moderator, each group will analyze strengths and critical points of the projects and the financing instrument it used in a dialogue enriched by the different experiences.
14:50-15:05 CEST | Reporting
Groups return to the main room and report back their learning on the breakout room.
15:05-15:15 CEST | Q&A and wrap up