Editor’s choice
In a series of projects, SEI studies funding needs for city sustainability transitions, exploring how to redirect resources towards these goals. This involves assessing associated risks, economic implications, necessary policies and the financial capacity of various stakeholders like municipal governments, citizens and industry, as well as the potential financial instruments these city actors can use.
2019–2030
“Cities are where the climate battle will largely be won or lost” said António Guterres, UN Secretary General, at the C40 World Mayors Summit in October 2019. Indeed, as the impacts of climate change continue to manifest globally, cities are at the forefront of the battle to mitigate and adapt to its effects. Recognizing the urgency and importance of acting, city governments are making political commitments, designing action plans, and embracing climate investment planning as a strategic approach to building sustainable, resilient, and low-carbon urban environments.
Climate investment planning involves the systematic identification, prioritization, and implementation of city-wide actions, aimed at reducing emissions and strengthening resilience within urban environments.
SEI has developed an approach for climate investment planning, showcasing how climate action, policy making and investment tie together (Figure 1). In a series of projects, the research team supports municipalities and other actors that work in cities, such as citizens, industry, financial institutions as well as superordinate government levels, to roll out this methodology. A dashboard was developed as well that showcases the link between climate action and investment planning, as well as the co-impacts of climate action. The team also carries out research to further the business case for climate investing.
While sustainable investing is booming, unlocking the funding needed to achieve climate neutral cities is challenging.
To accelerate the transition to low carbon economies, several municipalities in Sweden have issued green bonds. However, this instrument will not be the only one cities need to use to fund whole city transitions.
This project aims to accelerate investments in sustainable cities by:
The project team is a collaboration between SEI, Cleantech Scandinavia and the Stockholm School of Economics supported by an advisory board consisting of representatives from municipal governments, academia and institutional investors.
Viable Cities’ mission is Climate Neutral Cities 2030 with a good life for all within planetary boundaries. Together with cities – municipalities, business, academia and civil society – and public authorities, we work to create ecologically, economically and socially sustainable cities. Cities that work well for the people who live in them, that are good for the economy of citizens, businesses and society – and – that are good for the climate and our planet.
Viable Cities is one of 17 Strategic Innovation Programmes. In 2022, SEI was voted into the programme board, and is now working alongside KTH, Rise and Lund University. More specifically, Fedra Vanhuyse was appointed as the finance and procurement strategist, and is leading on the design of the climate investment planning process.
Learn more about the Viable Cities programme here.
NetZeroCities is part of the Horizon 2020 Research and Innovation Programme in support of European Union’s Green Deal. NetZeroCities has been designed to help cities overcome the current structural, institutional and cultural barriers they face in order to achieve climate neutrality by 2030.
It supports in particular the EU Mission on Climate Neutral and Smart Cities, whereby 100 EU cities and 12 in neighbouring countries are aiming to achieve climate neutrality by 2030. SEI is involved in Net Zero Cities through its engagement in Viable Cities. It leads on climate investment planning, further developing the dashboard which showcases how climate action and investment planning connects in cities.
Learn more about NetZeroCities here.
The AT LAST project aims to structurally speed up and scale up the implementation of Sustainable Energy and Climate Action Plans (SECAP) across Europe, by focusing on small and medium-sized cities.
Our approach is threefold:
Other publication / This chapter presents a framework for carbon-free European cities using natural solutions tailored to diverse climates.
21 May 2024 / About Cities, Fossil fuels and Pollution
Journal article / This paper investigates the cost-efficiency of the carbon reduction measures financed in Swedish municipalities through the scheme of municipal green bonds.
21 December 2023 / About Finance
Other publication / This report is about the climate transition, the role of cities and a new emerging model to lead, manage and implement the transition faster than today.
22 June 2023 / About Adaptation, Cities and Climate policy
Journal article / This paper presents a conceptual framework that allows evaluation of the cornerstones of climate neutrality for cities from a consumption-based perspective.
27 March 2023 / About Cities and Climate policy
Other publication / How can cities measure their sustainability performance to provide actionable information to reach their goals?
10 August 2022 / About Cities and Sustainable Development Goals
Feature / The report provides insight into the technologies that can be deployed at city level to reach climate neutrality, namely to improve efficiency and store carbon.
30 April 2022 / About Cities, Climate services, Fossil fuels, Planning and modelling, Short lived climate pollutants and Transport
Feature / The Viable Cities' Finance project talked to four experts about the challenges and opportunities of sustainable cities at the Smart City Expo World Congress.
17 March 2022 / About Cities, Climate policy and Renewables
Feature / This fact sheet examines how municipal governments can fund investments and the types of financial instruments they can use to do this.
21 February 2022 / About Finance
Other publication / This report aims to provide a research-based understanding of the role of external financing in helping Swedish municipalities to reach the Agenda 2030 goals.
4 February 2022 / About Cities, Finance and Sustainable Development Goals
Feature / In this fact sheet, we provide an overview of public-private partnerships (PPPs).
18 June 2021 / About Business and Innovation
Feature / This fact sheet provides insights into the importance of sustainable cities and gives some practical examples of what cities can do to become more sustainable.
Feature / This factsheet offers some introductory insights into how Swedish municipal governments are financed and what their budgets entail.
Feature / Citizen participation methods can foster a transparent democratic process, while at the same time benefitting municipalities by finding sustainable solutions.
21 May 2021 / About Cities and Participation
Feature / There's no lack of sustainable solutions for climate neutral cities, but challenges remain in terms of implementation and upscaling in city structures.
13 April 2021 / About Cities, Climate policy and Finance
Other publication / Read the results of a scoping study on sustainable city bonds.
20 March 2020 / About Finance
Creating Green Cities, 14-15 June 2023, Malmö
On 14 and 15 June, the Ministry of Rural Affairs and Infrastructure, Government Offices of Sweden, in collaboration with Boverket – National Board of Housing, Building and Planning, and SLU Movium Think Tank, and in alliance with governmental authorities in the Swedish Council of Sustainable Cities, is organizing the Creating Green Cities conference.
Fedra Vanhuyse will explain the approach to climate investment planning.
Tallinn European Green Capital 2023 Opening Conference, 20 January 2023
Fantastic creatures: Making European cities safe, inclusive, resilient and sustainable
Fedra Vanhuyse presented during the session Thriving like an oak: building eco-systems for green and healthy cities.
Key questions in this session were: How to help European cities to create well-designed, managed and connected green areas for healthy living environments? How to create synergies between different needs and functions for sustainable urban development?
She spoke alongside Mr. Eric Piolle, Mayor of Grenoble, France and Mrs. Madle Lippus, Deputy-Mayor of Tallinn, Estonia.
Past event / At a pre-event for City Climate Impact Day on 15 June 2022, SEI's Fedra Vanhuyse will present a masterclass on making climate investment plans for smart cities.
15 June 2022 / About Cities, Climate policy and Finance
Past event / SEI Head of Division - Societies, Climate and Policy Support Fedra Vanhuyse will moderate a fireside chat with the EU Mission Board for climate-neutral cities.
16 June 2022 / About Climate policy
Past event / Join us at the upcoming session and dialogue on 31 May and 1 June 2022 on smart, sustainable, and inclusive cities.
31 May 2022 / About Sustainable Development Goals
Past event / Take part in the ENLIGHT European Dialogue 2022 from 11–12 May 2022 in Uppsala, Sweden, with SEI's Fedra Vanhuyse a keynote speaker on sustainable cities.
11 May 2022 / About Cities and Sustainable lifestyles
Past event / Misum, SEI och CTS lanserar en ny forskningsrapport som diskuterar det privata kapitalets roll för att finansiera hållbara städer med fokus på svenska kommuner.
26 January 2022 / About Finance
Past event / This conference will bring cities, innovators, investors and other high-profile actors together to discuss specific strategies for reaching climate neutrality.
15 November 2021 / About Business, Cities and Mitigation
Past event / In this session at the Innovate4Cities conference, experts discuss benefits and challenges that cities face when joining research and innovation projects.
11 October 2021 / About Cities
Past event / This webinar series explored what barriers and possibilities exist in amplifying city innovations and enabling cities to reach their sustainability goals.
02 November 2020 / About Finance
Sweden aims to achieve net zero emissions by 2045, which equals to less than 1 tonne of greenhouse gas emissions per person (Swedish Climate Policy Framework, 2017). The purpose of this dashboard is to support Swedish municipalities with their climate action and investment planning. It provides 1) insight into the current emissions in the cities, from a territorial emissions perspective and a consumption-based perspective (household level data only); 2) some forecasts to 2030 using population growth and other socio-economic data; 3) a tool to see the effects of different climate actions, and their associated costs.
Journal article
25 January 2015 / About Energy access, Finance, Household energy and Renewables
Project / This project provides cities with an adjustable framework to assess their level and potential for circularity.
2020 - 2022 / About Cities
Project / Stockholm Sustainable Finance Centre (SSFC) aimed to have a transformative impact on sustainable finance in Sweden and beyond.
2017 - 2022 / About Finance and Sustainable Development Goals
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