European Code of Conduct for EPC and other Transparense activities presented at the Public workshop on innovative financing for energy efficiency and renewables in Brussels
11. 05. 2015
European Code of Conduct for EPC and other Transparense project main outcomes have been presented on Public workshop on innovative financing for energy efficiency and renewables on 28 April 2015 in Brussels organised by the EASME - Executive Agency for Small and Medium Enterprises of the European Commission. See the presentation here.
Up-scaling investments in energy efficiency and renewables is a major challenge to meet the European Union's energy and climate targets for 2030. Lack of public resources requires new approaches to investment. Local and regional authorities have a key role to play in mobilising stakeholders, developing projects pipelines and creating the business case for attracting private investment.
This shift to innovative financing approaches is supported by the European Union's Project Development Assistance (PDA) facilities such as ELENA Intelligent Energy Europe PDA funding to launch up to EUR 4 billion of investments in energy efficiency and renewable energy, focused on existing public and private buildings, street lighting, district heating and clean urban transport. Most PDA projects are developing innovative solutions to finance investments through private capital in a sustainable manner.
The workshop focused on operational solutions implemented by local and regional authorities when developing a pipeline of investments, as well as the achievements of on-going projects focused on innovative financing approaches.