Unlocking investments to finance the circular transition
The transition to a circular economy is critical to achieving sustainability and reducing the strain on natural resources. Cities and regions can play a crucial role in this effort by closing material loops and minimising the use of resources and the generation of waste. Nevertheless, finding adequate funding to implement circular economy projects remains a significant challenge.
ICLEI Europe has partnered with consultancies, research organisations, and funding institutions to help European cities and regions secure the financial resources they need to become more circular. Local and regional governments and associations, utilities and waste management organisations can apply until the end of June 2023 to receive project development assistance and increase their chances to attract investments.
Under the flag of the EU-funded project DEFINITE-CCRI, ICLEI Europe, Circle Economy, BwB, the city of Ghent and NTUA will offer free tailor-made consultancy to the most promising circular economy ideas to make them more appealing to investors and accelerate the transition towards a more sustainable society. The services provided include the optimisation of the circular model, the development of a business plan and a fundraising strategy, and support with the due diligence process. In addition, beneficiaries will have the chance to pitch their projects to investors and participate in knowledge sharing events.
DEFINITE-CCRI is part of the Circular Cities and Regions Initiative (CCRI), launched by the European Union in support of the European Green Deal, the Circular Economy Action Plan and the bioeconomy strategy.
Apply now to get free project development assistance. Learn more.