EuroPACE: Integrated home renovation platform

Vol 2 Issue 7, August 2019

Mid-Summer Update on the EuroPACE Project Progress

EuroPACE Summit videos and takeaways, news and reports.

In June, on the heels of the Sustainable Energy Week, we hosted the EuroPACE Summit - a full day of panels, keynotes and discussions focused on home renovation. The event was well-attended and featured speakers from the European Investment Bank, KfW, DWS, Hermes Investment Management and more. You will find videos and takeaways below.

This summer, we are working on the first pilot in Olot, Spain. Our team held week-long retreat near Girona to plan and implement the operational, legal, financing and marketing actions for the upcoming launch of the programme. Stay tuned for updates on the programme launch!

Lastly, we are releasing full report on legal and fiscal analysis of the EU-28. You can find it below.

Investing 4 Cities: Opportunities and Solutions to finance home renovation in Europe

Summit Takeaways

"The challenge in front of us requires shifting trillions by 2040 and public & private finance partnerships play a key role in scaling up innovative initiatives," noted Tatiana Bosteels, Hermes Investment Management, who raised the level of ambition and shared the recent developments in sustainable finance.

Adrian Joyce noted in his keynote speed: "We are living through a pivotal time in the history of our species. Our collective challenge is to put into place the actions and measures that will save our species from extinction and those actions and measures must be directed towards drastically reducing our wasteful use of resources, including energy resources." Read full keynote text.

See takeaways from the Summit and hear from the speakers and participants.

it is time to roll up our sleeves and design, develop and implement scalable home renovation programmes delivering societal, environment and economic benefits to all Europeans!

We are looking for expressions of interest from cities and regions wishing to explore the EuroPACE mechanism and how to adapt it to your local context.

See all presentations

European Sustainable Energy Week - EuroPACE

Davide Cannarozzi, GNE Finance, presented the EuroPACE initiative at the EUSEW in Brussels during "Sustainable finance for energy efficiency, experience from markets across Europe" panel. You can download the presentation here.

EuroPACE Legal and Fiscal Feasibility Report

We've published the full text of EuroPACE Legal and Fiscal Feasibility Report produced by CASE. You can download the document here.
Based on this legal and fiscal analysis of the EU 28, the Steering Committee Group chose seven countries: Austria, Belgium, Netherlands, Italy, Poland, Portugal, Romania, and Spain, for the second phase of evaluation.

EuroPACE Foundation

We are happy to share the news that a non-profit operating a local programme in Olot "Fundació EuroPACE" was officially established this week. The signing ceremony took place this past Wednesday in Olot. On the picture (from left to right): Pere Macias (president of the foundation), Davide Cannarozzi, Jordi Guell, Eduard Puig MacLean and Jordi Ayats.

EuroPACE Retreat in Girona

GNE Finance and Olot City Council team have had a series of meetings near Girona to better prepare for the upcoming launch of the pilot programme in Olot. During the week, we have had several guests from legal team, City Council and local energy contractors. We will shortly announce the new name for the programme and the launch date. Stay tuned.

Keeping PACE with the Latest Developments

We've compiled a list of relevant and provocative articles and reports.

European Alliance to Save Energy published its vision, which involves a cross-sectorial collaboration and starts with efficiency first.
The project is taking sustainable finance to a new level through standardization and simplified investment process. Learn more.
Green bonds issuance reached $100B. Read more.
Read more about London's climate ambitions.

Thank you for being part of the EuroPACE Community

We look forward to working with you to make EuroPACE a success.

Sincerely,
The EuroPACE Partners

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The EuroPACE Project is funded by the European Union’s Horizon 2020 research and innovation programme under grant agreement No 785057.