Local authorities and the low carbon financing challenge
This presentation is the property of its rightful owner.
Sponsored Links
1 / 7

Local authorities and the low carbon financing challenge PowerPoint PPT Presentation


  • 43 Views
  • Uploaded on
  • Presentation posted in: General

Local authorities and the low carbon financing challenge. Base London 11 th July 2013. Local authority and the low carbon economy. Leeds City Region; mini-Stern. Study carried out in 2012 to assess viability of delivering low carbon programme to Leeds City Region

Download Presentation

Local authorities and the low carbon financing challenge

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Local authorities and the low carbon financing challenge

Local authorities and the low carbon financing challenge

Base London 11th July 2013


Local authority and the low carbon economy

Local authority and the low carbon economy


Leeds city region mini stern

Leeds City Region; mini-Stern

  • Study carried out in 2012 to assess viability of delivering low carbon programme to Leeds City Region

  • Investment required to deliver 13% carbon savings by 2022 over 1990

  • Positive NPV with cost of capital at 8%

Total £4.9b

Sector

£b

Source; Centre for Low Carbon Futures


Local authorities enabling of low carbon finance

Local authorities enabling of low carbon finance

De-risking

Aspiration leadership

  • Own estate contracts

  • Social housing

  • Brand

  • Marketing support

  • Planning

  • Waste contracts

  • Power purchasing agreements

  • Jobs

  • Fuel Poverty

  • CO2 reduction targets

  • Landfill reduction

  • Energy security

Local authorities

Convening power

Enabling finance

  • Project initiation

  • Procurement

  • Local initiatives (LEPs etc)

  • Community leadership

  • Scale

  • Revenue accounts

  • Grants – UK and EU

  • Allowable solutions

  • Credit enhancements

  • Prudential borrowing


Funding low carbon activity at a time of budget cuts

Funding low carbon activity at a time of budget cuts

Emerging position

Historical position

Cost centre

Revenue earner

Project fee income

Regular income

LA funded

Access grant funding

Energy Savings

Energy generated

DECC funds

Energy company obligations


Delivery model

Investment & Return

Pipeline encouragement

Local Authority

Other public sector

Private sector

Finance

Investment returns

Delivery model and private sector partners

Fee

Delivery model

Delivery Unit


Financing and delivery model

Financing and delivery model

Investment and return

Development Directorate

Leadership & encouragement

GD Fund

Green Deal payments

BCC

Carillion

Marketing

Assessment

Project Planning

Installation companies

Energy Companies

Green Deal Payments


  • Login