Risk reduction for Building Energy Efficiency investments
Envest will support investors’ decision-making process by translating building’s energy efficiency technical requirements into economic indicators which are in turn used to evaluate financial risks.
EEnvest will focus on commercial buildings located in Italy and Spain. It will allow the financial sector to match the energy efficiency demand and offer. The project aims to increase mutual trust in-between financers, investors, owners and users by identifying, quantifying and mitigating technical and financial risks.
To reach this target technical and financial risks will be:
- Evaluated exploiting databases on building energy efficiency
- Organized int investor friendly benchmark track record
- Transferred on a web-based Search&Match platform through secure blockchain networks.
Then EEnvest approach will be replicable in more countries and business cases thanks to standardization renovation framework and to the search & match platform.
This project has received funding from EU H2020 program under grant agreement n°8331 12
- EEnvest will directly reach 100+ stakeholders in the short term (during project duration),
- During project duration, EEnvest will produce:
- Three different evaluation frameworks (i) technical risk; (ii) financial risk and (iii) technical-financial due-diligence frameworks for commercial office buildings;
- Two to six standardized procurements schemes of financial instruments
- Benchmarking of returns on energy efficiency investments
- Higher allocation of institutional investments to energy efficiency;
- The impact of EEnvest project in the short term (within project duration) is expected to generate a 1.3 GWh/year primary energy saving.
- Based on our estimates, investments triggered by the EEnvest project in the short term (within project duration) sum up to 192 MM €.
- EEnvest triggers greenhouse gases (GHG) emissions reduction for up to 89 tCO2-eq/year in the short term (within project duration), referring to the deep renovation of two pilot buildings.