Energy Sustainability
The PROSPECT CUBE European project will empower cities and regions to use innovative financing instruments to develop energy efficiency and sustainability plans.
The initiative builds on the success of previous editions (PROSPECT and PROSPECT+). Its objective remains the same: to strengthen the capacity of European local and regional authorities to implement sustainable energy projects through innovative financing mechanisms.
All of this contributes to creating cleaner and healthier environments for citizens and achieving net-zero emissions by 2030, in line with the objectives of the Valladolid Mission.
Valladolid as a Mentor City
PROSPECT CUBE will employ a proven peer-learning methodology, enabling the exchange of best practices among European cities and regions.
In addition, the new programme will:
- Expand the range of innovative financing schemes available.
- Enhance existing tools through the use of artificial intelligence.
- Provide training materials in multiple languages to overcome language barriers.
Exchange of Best Practices Across European Cities and Regions
Valladolid will play a leading role as a reference city, taking the lead in three key learning areas:
- Sustainable Mobility
- Energy Performance Contracts (EPCs)
- Energy Communities
Overall, the project is expected to support 356 local and regional authorities across Europe in their energy transition by providing access to an e-learning platform, training materials, updated digital tools, and a new resource offering a clear overview of available grants and funding opportunities.
Key facts
Programme
LIFE-2024-CET
Total Budget
1.775.668,97€
Municipal Budget
€102,880.50 (95% funded by the LIFE-2024-CET-LOCAL programme)
Implementation Period
October 2025 to September 2028
Project Partners
University of Piraeus, Energy Cities, European Federation of Agencies and Regions for Energy and Environment, Energiesparverband – Energy Agency of Upper Austria
Coordinator
Instituto Europeo de Políticas Energéticas y Climáticas (IECCP), con sede en Países Bajos