New tool supporting local authorities in selecting the most suitable financing scheme to implement for local sustainable energy and climate project investments!
In the context of the PROSPECT Benchmark for integrated learning Report, a Recommendations-Decision Matrix tool was developed, so as to check the pre-requisites for implementing each innovative financing scheme at the local level (i.e. the conditions that each public authority needs to meet in terms of its characteristics among the three axes of the Benchmark survey.
This matrix is based on the factors assessed in the PROSPECT Benchmark survey and includes the questions that mentors and mentees answered with regards to the different municipalities and regions. The variables used in the matrix were selected after taking into consideration the strengths and weaknesses of each innovative financing scheme, as well as the barriers to each scheme among different sectors (e.g. Public and Private Buildings, Public Lighting, Cross sectoral).
The PROSPECT Recommendations-Decision Matrix tool is a self-assessment tool and contains a set of questions, which help local authorities determine which model is the most suitable for them.
You can find out more about the tool and download it along with the user guide here.
Example of the functionality of the tool for Public Buildings.