Both TSOs and DSOs face increasing challenges to develop, finance, and build electricity grids and to connect new generation and electricity demand to the grid and transport electricity. TSOs and DSOs can collaborate to share best practices in areas such as financing investments, including accessing EU funding (e.g. CEF-E, the new Competitiveness Fund), loans, and de-risking instruments for financing grids (e.g. guarantees from state organisations, development banks or the EIB, green bonds).