Case Study Analysis for Green Financing in Central Europe

Date: 30.09.2024
By: MESTRI-CE
As part of our ongoing efforts to promote sustainable finance in Central Europe, we recently completed a case study analysis aimed at setting a baseline for green financing models. This crucial step involved identifying good practice examples of innovative financing schemes, standards, and platforms from across the European Union. These examples will not only help pinpoint national gaps but also serve as blueprints for developing tailored green financing models in Central European (CE) pilot countries.

Purpose of the Case Study Analysis

The case study analysis is designed to inform multiple aspects of the project, including:

  • National gap identification: Understanding where improvements can be made in green financing strategies across CE countries.
  • Creation of green financing models: These models will be adapted to the specific needs of CE pilot countries, helping to fund sustainable projects.
  • Training and expert missions: The case studies will also be integrated into capacity-building initiatives, such as training sessions and expert missions organized within the project.

By analyzing replicable good practices from a variety of EU countries, we can create stronger financing solutions that address both local needs and broader European sustainability goals.

What Each Case Study Contains

Every case study was carefully structured to provide a comprehensive understanding of the financing model and its impact. The analysis includes:

  • Project overview: A general description of the financing scheme, including the developer and links to additional information.
  • Financial information: Key data such as investment size, financial structure, and the condition of the project.
  • Impact assessment: Insights into the financial results, as well as the energy and climate impact of the project.

Example: Croatia’s Energy Renovation Fund

One standout example from the analysis is Croatia’s Citizen-led Initiative.

  • Financial Model: Citizen-led initiative (donation-based crowdfunding)
  • Developer: Green energy cooperative
  • Investment Size: €17.500 has been allocated to this initiative, providing significant capital for energy-efficient renovations, with 100% donation conditions.
  • Impact: for approximatly 250 users of the measures, it means around 40.000 € financial savings per year. The measures are resulting in a reduction of up to 1.300 kWh/year in thermal usage and up to 370 kWh per year electrical usage.

Looking Ahead: The Role of Case Studies in Green Financing

The insights gathered from these case studies will be pivotal in shaping the green financing models to be implemented in Central European pilot countries. These models will drive sustainability-focused initiatives, helping cities and regions meet their energy efficiency targets, reduce their carbon footprints, and attract more investments into green projects.

In addition, these case studies will be utilized during expert missions, where financial experts will visit pilot countries to share knowledge, provide technical assistance, and support local stakeholders in applying these innovative models.

Conclusion

The case study analysis marks a critical step in aligning Central European countries with broader EU sustainability goals. By learning from the successes of other EU nations, we can create impactful, scalable green financing models that will propel the region toward a greener, more sustainable future.

Stay tuned as we continue to develop these models and work toward transforming green finance in Central Europe.