Publication: Financing Municipal Energy Efficiency Projects
Date
2014-07
ISSN
Published
2014-07
Author(s)
Energy Sector Management Assistance Program
Abstract
Improving the energy efficiency (EE) of
municipally owned buildings, such as schools and hospitals,
and municipal infrastructure, such as public lighting, water
supply, and district heating, offers budgetary savings on
energy bills and a wide range of environmental and
socioeconomic benefits. But relatively few municipal EE
projects have been developed and implemented successfully.
The challenges that limit EE investments in municipal
buildings and facilities can be grouped into three broad
areas: (i) a lack of awareness and incentives; (ii)
insufficient implementation capacity; and (iii) limited
access to financing. All three sets of challenges need to be
addressed to scale up successful implementation of municipal
EE projects. This Guidance Note focuses on the key issues
faced by municipalities in accessing financing for EE
investments, particularly for projects in the following four
areas: indoor lighting, building retrofits, public lighting,
and municipal utilities. The guidance note discusses the
following potential financing mechanisms that can be used by
municipalities to finance EE measures: budget financing,
Funds developed specifically to address energy efficiency,
public support to leverage commercial financing, and
commercial financing.
Citation
“Energy Sector Management Assistance Program. 2014. Financing Municipal Energy Efficiency Projects. Mayoral guidance note;no. 2. Energy
efficient cities ; Energy Sector Management Assistance
Program (ESMAP) ; Knowledge series 018/14. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/21307 License: CC BY 3.0 IGO.”