EENVEST | Risk reduction for Building Energy Efficiency investments

Summary
EEnvest aims at supporting investors´ decision making process by translating building’s energy efficiency technical requirements into economic indicators. These indicators are in turn used to evaluate financial risks associated with deep renovation investment and to include non-energy benefits in asset evaluation models. EEnvest will allow the financial sector to match the EE investments demand and offer for commercial office buildings located in Italy and Spain. EEnvest will increase financers’, investors’, owners’ and users’ mutual trust, by identifying, quantifying and mitigating technical risks associated to those investments as well as by reducing the cost of credit for lenders through targeted risk reduction actions. EEnvest will develop effective evaluation methods for the technical/financial risk correlation by categorising a number of major technical risks and quantifying their impact on investors´ confidence. Those risks
will be i) evaluated exploiting existing databases on building energy efficiency (e.g. DEEP database of Energy Efficincy Financial Institutions Group), ii) organized into investor friendly bechmark track record and iii) transferred on a web-based platform through secured blockchain networks The investment demand and offer will be supported by the EEnvest - search&match investment evaluation web-based platform, integrating building stock evaluation data, both from the technical and the financial side. EEnvest approach will be replicable in more countries and business cases thanks to the standardization of technical/financial due diligence framework for energy efficiency renovation of buildings and to the search&match web-based platform allowing deep renovation investments to be more appealing on the financial market.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/833112
Start date: 01-07-2019
End date: 30-06-2022
Total budget - Public funding: 1 494 537,00 Euro - 1 494 537,00 Euro
Cordis data

Original description

EEnvest aims at supporting investors´ decision making process by translating building’s energy efficiency technical requirements into economic indicators. These indicators are in turn used to evaluate financial risks associated with deep renovation investment and to include non-energy benefits in asset evaluation models. EEnvest will allow the financial sector to match the EE investments demand and offer for commercial office buildings located in Italy and Spain. EEnvest will increase financers’, investors’, owners’ and users’ mutual trust, by identifying, quantifying and mitigating technical risks associated to those investments as well as by reducing the cost of credit for lenders through targeted risk reduction actions. EEnvest will develop effective evaluation methods for the technical/financial risk correlation by categorising a number of major technical risks and quantifying their impact on investors´ confidence. Those risks
will be i) evaluated exploiting existing databases on building energy efficiency (e.g. DEEP database of Energy Efficincy Financial Institutions Group), ii) organized into investor friendly bechmark track record and iii) transferred on a web-based platform through secured blockchain networks The investment demand and offer will be supported by the EEnvest - search&match investment evaluation web-based platform, integrating building stock evaluation data, both from the technical and the financial side. EEnvest approach will be replicable in more countries and business cases thanks to the standardization of technical/financial due diligence framework for energy efficiency renovation of buildings and to the search&match web-based platform allowing deep renovation investments to be more appealing on the financial market.

Status

CLOSED

Call topic

LC-SC3-EE-10-2018-2019-2020

Update Date

26-10-2022
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Horizon 2020
H2020-EU.3. SOCIETAL CHALLENGES
H2020-EU.3.3. SOCIETAL CHALLENGES - Secure, clean and efficient energy
H2020-EU.3.3.1. Reducing energy consumption and carbon foorpint by smart and sustainable use
H2020-EU.3.3.1.0. Cross-cutting call topics
H2020-LC-SC3-EE-2018
LC-SC3-EE-10-2018-2019-2020 Mainstreaming energy efficiency finance
H2020-LC-SC3-EE-2019
LC-SC3-EE-10-2018-2019-2020 Mainstreaming energy efficiency finance
H2020-EU.3.3.7. Market uptake of energy innovation - building on Intelligent Energy Europe
H2020-LC-SC3-EE-2018
LC-SC3-EE-10-2018-2019-2020 Mainstreaming energy efficiency finance
H2020-LC-SC3-EE-2019
LC-SC3-EE-10-2018-2019-2020 Mainstreaming energy efficiency finance