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.

HIROSS4all Project will develop and implement an innovative integrated home renovation service (IHRS) for private residential buildings in two districts in the Basque Country (Spain) and subsequently replicated within the region. The project develops an economically viable business model that brings together active citizen engagement and an innovative financial instrument, making the service suitable for vulnerable populations. The local one-stop-shop pilots will be managed and coordinated by the Basque Government. Specific objectives: -Foster energy efficiency building upgrades, on vulnerable districts. -Minimize logistical, financial, administrative and legal burdens caused by a complex and multi-stakeholder home renovation process -Ensure that building retrofits consider the social dimension by incorporating security, comfort, and improved accessibility for Basque citizens to further improve the quality of life of vulnerable population. -Design a scalable operating model to the district offices, and ensure the replicability of the one-stop-shop service, at both the Basque Country and the EU-level. -Create strong and reliable public-private partnerships for the provision of the service. - Identify and overcome regional-local collaboration barriers inherent to home renovation services. -Increase homeowner and regional partner awareness of the multiple benefits of energy efficiency, including health, wellbeing, comfort, job creation and energy poverty alleviation. For achieving this issue a consortium consisting on 9 partners (GV, EVE, GNE, DEBEGESA, VVMM, FEDARENE, ZABALA, G6 and HOUSING-EU) has been assigned. It is a well-balanced group with different backgrounds and complementary expertise and skills, covering the full value chain.

EuroPACE will develop a scalable on-tax financing mechanism to unlock the huge potential for deployment of energy saving and generation technologies to European households. The scheme is inspired by the successful US PACE scheme, that was invented in California in 2008. The project will address several fundamental challenges to Energy Efficiency investment by (1) A Market-Based Approach: EuroPACE will deploy private capital as up-front financing to homeowners, i.e. reduce reliance on grants and subsidies, (2) De-Risking EE Investment: the long-term repayments obligation is tied to a property and not its owner. In turn, municipalities will be the conduit for the repayment via a special levy collected with the property tax bill, (3) Technical Assistance: decision-making processes for homeowners will be optimised by training energy service contractors. They will be held to account by a comprehensive consumer protection code, (4) Aggregation and Standardization: EuroPACE will design standard underwriting requirements and project performance guidelines to enable project aggregation and Green Bonds issuance. By 2025, the EuroPACE industry will generate measurable impact in the three key areas: (1) Economy: over 45.000 jobs and €5bn of capital in local economies across the EU27, (2) Society: over 300.000 homes retrofitted and improved, and (3) Environment: energy saving of 3.5MWh/year, equating to CO2 savings totalling 1.8m tons. EuroPACE will account for just 4.6% of the European renovation industry by 2015 giving way to huge growth potential. This will be achieved by a well-resourced and highly skilled consortium that will focus its efforts on three pillars of activity: (1) Conduct a market review to assess on-tax financing suitability in EU27, (2) Develop and execute a first EuroPACE pilot in the city of Olot (Spain) and (3) Develop generalised Guidelines and a Toolkit that will make EuroPACE fully scalable. Over 75 signed Letters of Support confirm a broad support platform for the project.

SIRCULAR intends to create digital tools, technological solutions and non-technical services for the decarbonisation of the built environment, as well as a ready-to-use methodology for assessing the circularity of a given building capable of evaluating the impact of the developed construction technologies in the demos. These features are intended to improve access to information on decarbonisation for end users who are not experts in these fields, as well as to provide professionals working in the construction sector with tools capable of easily evaluating and improving the circularity of this area. The SIRCULAR solutions will take a multidisciplinary approach, integrating technical, economic, and social approaches with a focus on social and policy innovation, delivering valuable information to policymakers and establishing a solid foundation for the promotion of developed decarbonisation methods. The project will also be distinguished by an overall people-centric approach that prioritizes the needs, ambitions, and well-being of individuals and communities as critical players in the decarbonization of the construction industry. SIRCULAR will prioritize active participation, inclusion, and ethical concerns to ensure that the project's achievements directly benefit society as a whole. The project will also make special efforts to engage the whole supply chain engaged in all phases of the building's life cycle, with the goal of increasing the circularity and sustainability of each of them. SIRCULAR plans to consider four national clusters to promote a circular and sustainable construction sector using a value chain approach. The clusters will focus on Estonia and Spain, followed by Germany and Greece. The clusters will involve construction companies, housing companies, universities, and local administrative entities, and will include buildings owned or occupied by fragile population groups, in line with the SIRCULAR just and affordable transition approach.

In Europe, the non-profit sector employs 28 million full-time workers engaged in education, research, housing, counselling, workforce training and other social activities. The sector remains underserved by the financial industry, making it challenging to obtain funding to undertake clean energy investments. SER brings together 8 organizations from 4 EU countries to maximise social impact by boosting clean energy investments in the nonprofit sector. SER intends to consolidate and implement an innovative hub that will offer full technical and financial assistance to TSOs in deploying clean energy projects, including a de-risking financing instrument (guarantee instrument) to support the projects. The SER HUB will advise TSO’s to be able to design, structure and coordinate the high impact execution of projects. It will be configured as one-stop-shop (establishing an ecosystem of partners providing modular and tailor-made solutions for specific project issues) where TSOs can find integrated solutions to all problems (technical and financial) referred to their energy transition projects, also identifying and improving their sustainability impact. Social enterprises gain access to affordable sustainable renovations, coupled with technical assistance, while investors gain access to secure, high impact investments aligned with ESG and impact investment criteria. SER is positioned to strengthen social enterprises and generate more than 500M in clean energy investments over the course of 5 years after the project, translating into nearly 9,000 jobs, 24,633 Co2 emissions saved per year and massive social impact involving energy poverty mitigation, improvements in social inequality, health, wellbeing, productivity, financial literacy, and overall social cohesion. The initial focus is on Italy, with further replication foreseen in Bulgaria and France, and exploratory efforts in Germany, Czech Republic, Slovakia, and Poland. SER Consortium represents an ideal mix of partners including a specialized lender, an ESCO, a financing and de-risking advisory, social impact experts, an energy agency and local replicators in Bulgaria and France. SER strengthens the non-profit sector – a key driver in achieving a just and fair clean energy transition and a post- COVID-19 recovery.