Moving forward: The Social Green Recovery
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Guiding principles for a recovery that benefits all Europeans
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In our last newsletter, we highlighted the importance of incorporating clean energy initiatives in stimulus packages aimed at tackling the post-COVID-19 economic recovery. As we are currently looking at European countries gradually implementing 'phase-out' scenarios to lift COVID-19 emergency restrictions on public and commercial life, we are devoted to putting words into action in order to achieve the Social Green Recovery.
- The recovery must be social, because every European citizen has a right to a home that functions as a safe haven where their health, comfort and productivity is optimal. Leaving vulnerable groups behind is unacceptable; we have the opportunity to create jobs and alleviate energy poverty by making accessible financing available to all.
- The needs of our planet and future generations dictate that the recovery must be green, which is the only suitable long-term scenario for avoiding climate catastrophes and future health crises such as the one we are facing today.
At EuroPACE, we are putting our weight into the scale to make the Social Green Recovery a reality, by providing innovative financing tools that are aimed at sustainable and efficient home renovations and which are within every European citizen's reach.
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HolaDomus provides tips: "How to optimize your energy bill" (CAT)
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Expert tips on effectively improving your monthly energy bill
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Having to work from home is not preventing the HolaDomus team from dispensing useful tips on saving energy and implementing sustainable energy practices into your day-to-day home life. This handy advice is provided in a clear and accessible video format (currently only available in Catalan).
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April EuroPACE highlights
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Opinion piece: Building energy efficient, sustainable homes for all
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An opinion piece by GNE Finance CEO and founder Davide Cannarozzi was published on Foresight's website on the 20th of April. In it, Mr Cannarozzi elaborates on all the aspects of our home's health and living conditions that have come to the forefront during the current crisis.
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Building further on this, he makes a compelling statement on the great potential to boost the clean energy transition embedded in the EU Recovery Package and the need to make our stance on this unequivocally known to European policy makers.
You can read the opinion piece here. |
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GNE Finance signs plea for Renovation Fund for All Europeans
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In line with the above, a clear message was sent on the 30th of April when Renovate Europe launched a proposal to the European Commission, pleading for the creation of a Renovation Fund for All Europeans.
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The fund aims to make energy renovations of buildings a key catalyst in Europe's post-COVID-19 rehabilitation. GNE Finance is a proud signatory of this initiative, which should be considered to be an indispensable element of the EU Recovery Plan.
You can read the proposal here. |
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April webinar: "Putting EU Green Deal in Action: Upscaling sustainable home renovation with innovative financing tools"
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On the 21st of April, BUILD UP hosted its webinar "Putting EU Green Deal in Action: Upscaling sustainable home renovation with innovative financing tools", inviting EuroPACE and RenOnBill representatives to elaborate on the innovative financing tools these respective projects can provide the European market with.
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Kristina Klimovich, Head of Advisory and Consulting at GNE Finance, stressed the importance of accessible financing for European citizens, which is made possible by the innovative on-tax financing mechanism that EuroPACE is introducing to the European market.
You can re-watch the webinar here. |
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FEATURED ARTICLE: "Can the COVID-19 Response Teach Us Anything About Tackling the Climate Emergency?"
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Today's crisis exemplifies that a change in attitude is necessary
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Last month, CASE published an inspiring article where it draws parallels between the COVID-19 crisis and the climate emergency. By calling attention to the unwavering political willpower needed to accomplish a habitable future for later generations, the article provides ample food for thought. Read it here. |
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Webinar: "Post Covid-19 Urban Regeneration: One-Stop-Shops for a fair, green and social recovery"
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Tuesday the 12th of May, 11:00 - 12:30 CET
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On the 12th of May, 6 representatives for 'One-Stop-Shop' projects in 5 European countries will have an open and thought-provoking debate on the best course of action to be taken to keep a fair, green and social recovery from our current crisis high on the European agenda.
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The webinar is organized by Opengela, a Horizon2020 project focused on rejuvenating neighborhoods in the Basque Country. |
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Joule Assets Europe kickstarts initiative to improve Smart City financing
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Looking to bridge the gap between H2020 and ELENA
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Joule Assets Europe is looking to unite all stakeholders interested in improving the current approach to Smart Cities Financing. It aims to propose a new approach to the European Commission based on building a hybrid model between the H2020 programme and the ELENA initiative.
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So far, several cities, Energy Service Companies, national associations and investment funds have expressed their interest to join the initiative. To find out more or to inquire about joining the initiative, please reach out directly to Joule Assets Europe.
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Keeping PACE with the Latest Developments
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Relevant articles, reports, opinion pieces
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- On the 22nd of April, the 50th celebration of Earth Day took place. An event usually marked by masses of people taking to the streets was now commemorated online. It was encouraging to see that the current-day global crisis does not deter movements that aim to bring attention to the long-term health of our planet and the mitigation of collateral future global crises.
- In a video message on Twitter, European Commission president Ursula von der Leyen took a clear stance on how Europe should go about its economic recovery from the COVID-19 crisis: "We should avoid falling back in old, polluting habits. Instead, we should bounce back better from this pandemic ... by investing in renewable energy, by renovating our houses and making them energy efficient."
- In 2019, almost 75% of the new energy capacity built consisted of renewable energy, which results in a little over 1/3rd of the world's energy supply now originating from green technologies. These statistics were shared by the International Renewable Energy Agency.
- In April, Spain submitted its final National Energy and Climate Plan to the European Commission. In it, the country highlights the importace of decarbonizing its building stock and implementing energy-efficient solutions for the future. The full document (currently only available in Spanish) can be read here.
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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,
The EuroPACE Partners
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