Full title: Delivering informed investment decisions for energy efficiency investments through accessible data, standardised procedures and benchmarking of performance, also supporting the "Smart Finance for Smart Buildings Initiative"
Partners: COWI (Leader), Climate & Strategy Partners, EnergyPro, Fraunhofer, Buildings Performance Institute
Start date: 15/12/2015, Duration: 24 months
European Commission
The purpose of this project is to develop and launch an EU-wide initiative to work out a common set of procedures and standards for corporate energy efficiency and building renovation underwriting for both debt and equity financing products.
Thus it focuses on creating an investible market framework by addressing the investment drivers for both demand for financing and supply of finance for energy efficiency investments and enabling conditions for scaling-up of existing instruments and schemes in the EU. It tackles the following challenges:
- Driving the demand for investments, drawing on the role of the legislative framework and following up on the analysis of demand for and supply of financing in the EEFIG Report;
- Managing uncertainty through making energy efficiency market "readable" and understandable for investors, property owners and corporates;
- Developing a methodology enabling to aggregate investments and activating the appropriate distribution channels for financing (leading to reduction of transaction costs and risk perception as well as preparing the basis for capital market based refinancing of energy efficiency loan portfolios).