Climate City Capital Hub
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The Climate City Capital Hub (Capital Hub) is a neutral capital centre that catalyses climate-related funding activity. This first-of-its-kind initiative aims to help bridge the €650bn funding gap identified by cities seeking to achieve net zero by 2030 under the European Commission’s “100 Climate-Neutral and Smart Cities Mission” and to unlock financing for climate resilience infrastructure projects more broadly across Europe.
By providing cities with technical and financial assistance to develop fundable climate mitigation and adaptation projects, the Capital Hub offers investors access to a robust and expanding pipeline of financially viable, investable projects.
Who Are We?
The Capital Hub is operated as part of NetZeroCities by BwB and NetZeroCities consortium partners. Collectively, these organisations provide deep expertise across a broad range of disciplines, from specialists in the development and construction of climate mitigation and adaptation projects through to investment bankers and investors who can provide guidance on financial and investment aspects of projects and help cities engage successfully with the financial community.
The Problem
The Capital Hub was created with the mission to tackle 3 key problems and leverage the existing market opportunities that arise from it:
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A €650 billion climate investment gap. According to Net Zero Cities calculations, the 112 selected cities require €650bn to finance their decarbonisation efforts between now and 2030. Given that this need cannot be met solely by grants, the Hub aims to leverage and facilitate the deployment of private capital towards cities
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A large pool of investors looking for bankable projects, mainly in the infrastructure and energy sectors
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A lack of capacity at the city level both in terms of expertise and headcount, leading to many projects not being developed
The Capital Hub DNA
To address these issues, the Capital Hub works alongside cities to provide end-to-end support to the deployment of projects. It does so in a unique way, exemplified by its DNA:
The Capital Hub Attributes
The Capital Hub can support cities with the development of sector-specific solutions, including thematic portfolios in renewable energy, mobility, and heating. Support is also provided for the development of city-wide or regional portfolios that bring projects in several different sectors together as a single investment opportunity. In particular, the services of the hub can be broken down in 4 main categories, starting from the co-selection of projects with cities all the way to transaction facilitation. More details below:
Capital Hub Opportunities for Investors and Financial Organisations
For investors interested in supporting the ambitious greenhouse gas reduction goals of cities across Europe, the Capital Hub offers access to a robust, reliable and expanding pipeline of fundable, financially viable climate mitigation and adaptation projects with a range of size, return, sector and geographic profiles.
Questions about the Capital Hub and its objectives can be directed to: CCCH@bwb.earth
