This webinar took place on the 21st of April, from 12.00 to 13.30.
Putting EU Green Deal in Action: Upscaling sustainable home renovation with innovative financing tools
Due to the COVID-19 pandemic, the majority of Europeans are spending nearly 100% of their time indoors. It is time to take a closer look at the energy efficiency, comfort and health of our homes and apartment buildings.
Without effective home renovation programs and innovative financing models, it won’t be possible to meet the goals set out in the EU Green Deal. This webinar highlights two European Commission-funded projects supporting the objectives of the EU Green Deal: EuroPACE and RenOnBill. The initiatives demonstrate innovative financing tools that intend to de-couple financing from an individual by securing it by the property and attaching it to a utility bill.
The EuroPACE project intends to make eco-sustainable home renovation simple, affordable and reliable for all Europeans by combining affordable financing with people-centric technical assistance. The first pilot program, HolaDomus, was launched in Olot, Spain to offer support and financing to realize eco-sustainable home renovations. Under the HolaDomus program, energy efficiency, renewable energy, water conservation, including green roofs, fuel cells, batteries and other innovative improvements can be funded. EuroPACE initiative is looking for leader cities from Spain, Portugal, The Netherlands, Belgium and Italy to further scale the model.
The RenOnBill project aims to scale up investments towards deep energy renovations of residential buildings by promoting the development and implementation of on-bill schemes, based on the cooperation between energy utilities and financial institutions. RenOnBill has chosen four focus countries - Germany, Italy, Lithuania and Spain – in order to capture the differences that can be encountered when replicating on-bill schemes across Europe.
Both projects demonstrate that a concerted effort between the public and private sectors is required to upscale sustainable home renovation and meet the goals of the EU Green Deal. After all, dramatically increasing the rate of sustainable home renovation is an opportunity to achieve both decarbonisation targets and create vibrant, resilient communities able to better withstand the impact of climate change.
What you will learn:
- What is home-based financing and the HolaDomus pilot program in Catalonia
- What are on-bill schemes and the goals of the RenOnBill project
- What role does innovative financing play in the implementation of the EU Green Deal
- EU cities, regions, policymakers, investors, and sustainable finance professionals
- 12:00 – 12:15 Welcome and introduction from the chair, Jessica Glicker, Project Manager, BPIE: An overview of the policy and renovation landscape in Europe and the role of financing in upscaling home renovation. A snapshot comparison of home-based financing and on-bill schemes.
- 12:15 – 12:40 Residential building renovations with on-bill schemes - RenOnBill project, by Adriana Villoslada, Project Manager, Creara Energy Experts
- 12:40 – 13:05 Unlocking the market for eco-sustainable home renovation - EuroPACE project, by Kristina Klimovich, Head of Advisory and Consulting, GNE Finance
- 13:05 – 13:30 Wrap-up and Q&A – led by Jessica Glicker, Project Manager, BPIE
Jessica Glicker, Project Manager, Buildings Performance Institute Europe (BPIE)
Adriana Villoslada, Project Manager, Creara Energy Experts
Kristina Klimovich, Head of Advisory and Consulting, GNE Finance