European Federation of Agencies and Regions for Energy and the Environment

ManagEnergy Event: How to finance SEAP actions in the framework of CoM

The event was organised by ManagEnergy, Fedarene, EVE. It took place in Bilbao, Spain.

Target audience

This workshop gathered energy technicians (local energy managers), funding technicians (local funding managers), Covenant Coordinators and Covenant Supporters from Spain involved in the Covenant of Mayors.


1,092 local authorities have already signed the Covenant of Mayors initiative in Spain, supported by twenty Covenant coordinators and two Covenant supporters. 711 SEAPs have been submitted and 88 SEAPs accepted. The common concern for all of them is how to finance SEAP implementation.
In the Basque Country, the Covenant of Mayors constitutes the strategic working framework for defining local energy planning to 2020, which is led by Basque municipal authorities. The goal is to achieve energy savings over and above the EU target of a 20% cut in CO2 emissions by way of a 20% reduction in energy consumption and a 20% contribution from renewables to energy demand (20-20-20).
Speakers at this workshop included representatives from the Covenant Coordinator EVE , representatives from Spanish banks and government, and international financial institutions