Decision details

To seek approval to accept and spend funding from the European Union Horizon Europe NetZeroCities Pilot Cities Programme to establish a series of innovative financial mechanisms to help achieve the city’s climate change goals and to implement the project.

That Cabinet:

1.      Noted that this project partnership which includes Bristol City Council in the role of lead partner has been successful in securing Euro 1.5 m (approx. £1.3m) funding from the European Union Horizon Europe NetZeroCities Pilot Cities Programme to establish a series of innovative financial mechanisms to help achieve the city’s climate change goals and implement the project.

2.      Authorised the Executive Director of Growth and Regeneration in consultation with the Cabinet Member for Climate, Ecology, Energy and Waste; and S151 Officer, to accept the totality of this funding as lead partner and take all steps required to enter into contract with the funders to accept and spend the funding (including disbursing the funding to project partners and procuring and awarding contracts over £500k) to implement the project as set out in the proposals to the NetZeroCities Pilot Cities Programme and to make any amendments to the project as necessary for successful delivery.

3.      Noted officers will closely monitor the progress of the work delivered by partners and regularly take to G&R EDM regular (quarterly) progress reports which include spending details for all aspects of the project.