The European Fund for Strategic Investments (EFSI) is a joint initiative between the EIB Group (the EIB and the European Investment Fund) and the Commission. The newly launched strategy’s portfolio is expected to include energy efficiency investment opportunities like the installation of biomass heating systems, ventilation technologies, block-type thermal power stations or roof-mounted photovoltaic plants for self-consumption.
685 1784 92. To read the digital edition of the latest IPE Real Assets magazine click here. 35 projects out of 44 in gas and electricity infrastructure projects were completed; 4 out of 9 in the offshore wind projects are operational, but only 1 in the carbon capture and storage projects. The Just Transition Mechanism is a financial tool that provide tailored support to the most vulnerable and coal-intensive regions in the transition to a greener economy. The European Energy Efficiency Fund (eeef) is an innovative public-private partnership dedicated to mitigating climate change through energy efficiency measures and the use of renewable energy in the member states of the European …
Roman Rosslenbroich, co-founder and CEO of the Aquila Group, said: “In our day-to-day interactions with institutional investors we see a substantial and continuous appetite for European energy efficiency investments. It aims to mobilise private investment in projects which are strategically important for the EU, including the areas of energy efficiency, renewable energy, power grids and interconnectors – all essential to speed up the decarbonisation of the EU economy. The EEPR website was archived in 2019. The following list provides you with all the European funds available in the field of energy:
The European Regional Development Fund (ERDF) aims to reduce economic and social disparity between the EU's regions. The Innovation Fund is managed by the Innovation and Networks Executive Agency (INEA) since 15 June 2020 and the first call for projects will be launched in summer 2020. After 7 years of implementation, EEPR achieved good results in 2018. The Innovation Fund, which is the successor of the NER 300 programme, is one of the largest funding programmes in the world that is dedicated to the demonstration of innovative low-carbon technologies. In November 2019, the EIB also adopted a new and more ambitious energy lending policy that aims to phase out traditional fossil fuel energy projects by 2021.
Lessons learned from EEPR were used in the preparation and the implementation of the projects of common interest (PCI). Aquila said the Italy project will be replacing and operating street lighting systems under long-term concession agreements within a cluster of eight municipalities in central Italy. Crowdfunding has become a popular tool for people and organizations to use to test out their new ideas for green products while securing funds to begin operations. To meet the energy union objectives and support the transition to a clean energy system, there is a need to further unlock private financing, in particular for energy efficiency investments.
Brazil, which also has a climate-skeptic President in Jair Bolsonaro, boosted investments by 74% to $6.5 billion. The European Fund for Strategic Investments (EFSI) is a joint initiative between the EIB Group (the EIB and the European Investment Fund) and the Commission. For more information, consult the report "Building a low-carbon, climate-resilient future" (November 2017). Energy efficiency project of University Hospital S. Orsola Malpighi, Italy, Buildings retrofit in the Region Rhone Alpes, France, Community project with Ore Valley Housing Association, Scotland, Venlo street lighting project, Netherlands, Strong presence of the eeef TA Facility in eastern europe: eeef cooperates with the Klaipeda University Hospital to enhance energy efficiency in public buildings, Online event: How to make our cities green and smart for real, Enhancing energy efficiency in Lithuania: Šilutė District Municipality joins the eeef Technical Assistance Programme.