The inaugural meeting of the Greening the Islands Observatory defined plans for its first year of study, providing a concrete support for islands by creating the context for implementing best practices in the energy, water and mobility sectors. The concept of “circular economies” will be central to the Observatory’s work.
Selecting four or five European islands, one from the Asia Pacific region and one from the Caribbean, the Observatory will:
- Benchmark policies, regulation, permitting procedures, etc.
- Analyse for each island the current situation in one of the reference sectors (energy, water or mobility) and propose possible innovative sustainable projects
- Identify possible incentives and financing opportunities to support those projects.
Furthermore, the Observatory aims to stimulate partnership agreements and coalitions to apply for public funds (EU, World Bank, etc.) to finance projects, elaborate recommendations on roadmaps for decarbonisation plans and collect success stories and best practices.
“There is a gap between the needs of islands and access to finance for projects that would answer those needs. The GTI Observatory aims to put public and private bodies at different levels around the same table and provide them with all information needed to tackle islands’ transition towards sustainability,” commented Gianni Chianetta, Director & Scientific Coordinator of Greening the Islands.
The GTI Observatory will also involve institutions that are already working on or have relevant data and information about islands in order to generate synergies. Solar Power Europe, Eurobat, Unef, ItaliaSolare, Elettricità Futura and Anev have already decided to join the Observatory, while Eurelectric, WindEurope, Avere, IDA and the Global Solar Council have the approval process under way and most participated in the first meeting.