The District Investment Platforms are aiming to close the financial gap to invest into natural gas-free districts, in different neighbourhoods of the seven Dutch cities. With their respective business cases, the seven cities will jointly reach out to the unusual suspects of alternative funding to leverage investments from pension funds, insurance companies, etc.
An investment platform to achieve gas-free districts (main vehicle of the pilot). District Investment Platforms in seven cities as a tool to kickstart the development and implementation of Climate Investment Plans to overcome the limited current 10% of investments.
Investments by cities are estimated at 10% – 20% of what is necessary in total, much of this 10% – 20% are uninteresting investments for private/institutional investors as the return on investment, for example for the amelioration of the public space, is not evident. This makes it essential to better align investments from individuals, companies, and governmental bodies in order to achieve the necessary volumes. Further, it will give a more accurate figure for climate investments to allow for better public and private budgeting beforehand.
Within District-based Investment Platforms, government, companies, residents and investors will co-create a joint district investment plan. The aim is to achieve consensus on the plan and start its implementation within the pilot duration.
How? Engaging citizens & public/private investors, financially restructure sectoral district level projects, and removing barriers of innovative financing models.