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Financing Mechanisms for Europe’s Buildings Renovation. Assessment and Structuring Recommendations for Funding European 2020 Retrofit Targets

  • Financing Mechanisms for Europe’s Buildings Renovation. Assessment and Structuring Recommendations for Funding European 2020 Retrofit Targets

    By Peter Sweatman
    * Este documento y sus materiales de apoyo se encuentran disponibles solo en inglés

    Financing Mechanisms for Europe’s Buildings Renovation. Assessment and Structuring Recommendations for Funding European 2020 Retrofit Targets

    This significant financing gap can only be filled with adequate and coordinated policy frameworks with subsidy programs designed to align stakeholder interests, facilitate execution and, most importantly, engage key private sector actors in the wide scale funding, distribution and sale of energy efficiency retrofit solutions to their customers.

We identify four keys to the greater involvement of private sector actors and additional private sector co-financing:

  • Improved Financing and Simplified Procedures for the Buildings Occupant
  • Explicit Valuation of the GHG Emissions Reductions resulting from Retrofits
  • Driving the Engagement of Private Sector Distribution Channels (Banks, Energy Suppliers and ESCOs)
  • Increased Focus on the value of the Other Material Co-Benefits to Refurbishment

Within each of these four areas we highlight selected policies which can complement new public funding programmes, modelled upon today’s “best in class”, and create a “waterfall effect” to unlock private financing sources and deliver the economic, employment, environmental and strategic benefits of this Euro 100 billion European marketplace.

The report was launched during the workshop: “Money Matters – How to Mobilise Private Finance for Energy Efficiency” at the Résidence Palace (Brussels) on February 2012, and can be downloaded with supporting materials through the following links: