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EC-LINK NEWS

EC-Link Project and Qingdao Stringent Cooperation To Develop Green Finance Projects 
03 Nov, 2018

On November 3-5, 2018, EC-Link team was involved in a mission to Qingdao focused towards the possibility to start a city to city cooperation between Qingdao (represented from local HURD) and Dena (representing the German Federal Government and associated German cities).

The proposal from local HURD is to develop a “model” combining technical and financial elements so to create a framework activity that could be easily replicable in multiple different projects within the green building sector.

Within this City Network Unit (CNU), EC-link will cooperate in providing technical support for the financial part due to its connection with most relevant international financial institutions.

From a technical point of view, Qingdao HURD would welcome a cooperation with Dena (due to their domestic collaboration with KfW) in order to develop a model both for Green Assessment of the Project but also, if possible, for the post green assessment to be performed once the project is started.

Moreover, EC-Link will support local HURD in order to identify bankable pilot projects, with consequent technology selection and also actions needed to start collaboration with international financial institutions.

At the moment, Qingdao has been selecting the following line of activities: Retrofitting for existing private buildings, retrofitting for public buildings, district heating and clean heating.

Qingdao HURD asked EC-Link support as facilitator among different international projects (such as Felicity) and international institutions/funds (such as Shandong fund, ADB, KfW, AFD, etc.) so to identify the best model, with related procedures, to reach such important target.

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