EuroPACE Project: An integrated building improvement platform for Europe.
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Building renovation is about improving people's lives.
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We spend 90% of our time indoors, thus buildings impact our health, well-being and work productivity Today, 1 in 6 Europeans lives in unhealthy homes. Those effected by energy poverty are 3 times as likely to live in damp and unhealthy buildings which can result in a 40% higher chance of developing asthma.* This is an opportunity to meet the EU goals and improve comfort and health of European citizens. EuroPACE is part of the solution. We are designing an integrated renovation platform that is easy, reliable and affordable.
* Source: Healthy Homes Barometer, 2017.
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Building Momentum. Creating a Movement. Working with Partners and Allies.
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June has been a busy and productive month for EuroPACE. We are making progress on market research and have assessed legal and fiscal readiness of nearly 20 European countries. At the same time, the city of Olot is working on designing a residential pilot that is well in line with Spanish citizen's real concerns. We had an opportunity to present EuroPACE at the European Sustainable Energy Week in Brussels, at the C4E Forum in Serock, Poland and a national roundtable in Trodheim, Norway. Scroll down for more insights.
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Central and Eastern European Market
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EuroPACE team joined the C4E Forum held in Serock, Poland to learn more about the market and present the EuroPACE model.
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In June, we attended the C4E Forum in Serock, Poland. The forum is a unique event focused on the energy transition in the Central and Eastern European region. Overall, the region presents a significant opportunity for home and commercial building renovation, but not without challenges. Below are our key takeaways from the event:
- Multifamily properties have a strong need for renovation and holistic approach that would combine affordable financing with effective project development/citizen outreach methods is needed.
- Many buildings require improvements that go beyond energy efficiency, including safety and structural renovations. A neighbourhood focus is essential and improved buildings will bring economic and social benefits.
- EU funding in the region tends to come in in cycles, once the funding cycle ends, there is a gap and the market is interrupted. Market continuity that can be addressed with private financing schemes.
- Cities and regional energy authorities are keen to learn about new solutions and are looking for private financing schemes to complement, in some instances decreasing subsidies and grants.
- There are a number non-financial barriers to EE in the region as well. These include: the need for technical assistance for homeowners – making EE simpler, strategies for addressing energy poverty in multifamily buildings, improved coordination between grants, subsidies and private financing solutions.
This is an opportunity for EuroPACE to be part of the solution in Central and Eastern Europe. We are looking for local partners in the region. Please reach out to us if you are interested to learn more about the program and it can work in CEE region.
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European Sustainable Energy Week 2018
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EuroPACE team participated in #EUSEW18. For more coverage of the event please visit our Twitter: @EuroPACEprogram
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We'd like to thank the organizers for prominently featuring EuroPACE alongside the World Bank and EEEF. Throughout the event, it was apparent that there is more focus on demand generation from investors, EE program operators and cities.
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It is clearer than ever - financing for clean energy transition is not an issue. The challenge is having a reliable pipeline of standardized EE projects. The private sector can play a key role in delivering solutions well in line with the EU goals, market needs and complimentary to existing subsidies and grant schemes. Our presentation can be downloaded here. |
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Join us at the EU Regions Week
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Join us for a workshop on "EuroPACE: Unlocking Energy Efficiency Renovation at local level" at the EU Regions Week 2018. The workshop will take place on October 10th at 16:30 - 18:00 and it will be followed by a networking reception on the premises. We are expecting speakers the Basque Government's Energy Agency, the City of Olot and others. Registration will open in early July.
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We take your privacy and data security seriously
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Last month your inbox was probably flooded with the General Data Protection Regulation (GDPR) related emails. The policy took effect on 25 May 2018. We would like to let you know that that your contact details are included in the EuroPACE project database. This means that you will receive our monthly updates by email. Of course, each email includes a clear option to unsubscribe from the list.
We believe that the protection of personal data is very important. We apply the principle of Data Minimisation, which means that we only store personal details that are necessary to provide a service to our stakeholders. We also observe the Least Access Principle, which means that only those who need to access data in order to carry out their work are able to access your data.
If you have any questions, please do not hesitate to reach out to us.
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Thank you for being part of the EuroPACE Community
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We look forward to working with you to make EuroPACE a success.
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Sincerely,
Kristina Klimovich
Head of Communications and Marketing
GNE Finance
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