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Accelerating EuroPACE in Spain and Europe
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Exploring Leader Cities in Belgium and the Netherlands; EuroPACE Summit Registration is still open; Figures on healthy homes.
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In the past month, we've been progressing with EuroPACE pilot development and in parallel exploring new markets for EuroPACE expansion. Namely, Belgium and the Netherlands. Both markets show potential and there are local stakeholders - cities, regions and private companies - willing to further investigate the application of our model of home-based financing. Read more below.
The EuroPACE Summit is only a month away. Register today to not miss an opportunity to hear from a number of finance and home renovation experts from the European Investment Bank, KfW, Hermes Investment Management, the European Commission, Renovate Europe, Super Homes (Ireland), Better Home (Denmark) and more. Plus, several cities and regions will join us from Spain, Belgium, the Netherlands, Finland and the US. Looking forward to seeing you in Brussels on June 19th. The event programme can be downloaded here. |
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Register Today: Still Spots Left!
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Investing 4 Cities: Opportunities and Solutions to finance home renovation in Europe
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When: June 19, 2019 from 9:00 to 17:00
Where: Liaison Agency Flanders-Europe, Kortenberglaan 71, 1000 Brussels, Belgium
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"At a time when the real question is how do we accelerate energy renovation of buildings in the EU, it is great to see a project like EuroPACE preparing the ground for an easier, more attractive means of financing that holds the potential to motivate building owners to get on with the job!"
Adrian Joyce, Campaign Director, Renovate Europe.
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How Homes Impact our Health: Key Figures
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We spend 90% of our time indoors. It is not a surprise that homes impact our health, well-being and productivity. In fact, 15% of the existing buildings in northern Europe, suffer from dampness and 5% from mold. Noise affects 22% of European homes, mostly in urban areas. Plus the majority of people are unaware that indoor air can be polluted. |
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Overall, “inadequate” housing costs EU nearly €200 billion a year, through direct costs like healthcare and indirect costs like lost productivity. It's time to act and ensure that all Europeans live in healthy and comfortable homes! We are making steps in that direction with EuroPACE. |
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Looking for Leader Cities and Regions
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Focus on Belgium: We've met with the City of Leuven and the Walloon region of Belgium to discuss EuroPACE adaptation to Belgium. Home renovation is a clear priority for both administrations. We look forward to working on this challenge together.
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Focus on the Netherlands: At the moment we are in discussion with De Woonpas, a home renovation programme launching in two communities in Holland - Bergen and Dafsen. Our Dutch colleagues are demonstrating that "home-based" financing is a flexible and adaptable concept.
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EuroPACE Can be Enabled with Smart Policy:
The challenge of EuroPACE implementation lies in attaching the financing to a property – the so-called “home-based financing.” To enable EuroPACE, the public administration must recognise that sustainable and energy-efficient home renovation is in the public benefit and put in place administrative collection and security mechanisms for loan repayment. This feature is critical to enable low-risk, long-term financing and make it attractive to private investors.
EuroPACE enabling policies can be adopted at national level making of the home-based/EuroPACE mechanism a powerful new instrument for energy transition resulting in economic, environmental and social benefits for all Europeans.
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Getting to Know the EuroPACE Team
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EuroPACE team is composed of 8 organizations from 4 countries. Each partner has unique expertise and experience. In the next few months we will be featuring team members from all the partners.
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 Amanda works as an analyst at the Climate Bonds Initiative. She is part of both the markets intelligence and policy team, providing analysis of green bond markets and policies. As part of the EuroPACE project, Amanda is exploring the role of green bonds to finance and/or refinance EuroPACE loans. Learn more about Amanda. |
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 Michael Pachlatko is leading Joule's operations in Europe. In his role, he is in charge of the eQuad due diligence process, enabling the matchmaking of project developers and investors. Michael oversees Joule’s research and analysis work, manages its four European research projects and is the technical lead for the eQuad platform. Connect with Michael. |
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 Jorge is co-founder and COO of UpSocial. As an expert in operations and finance he has combined business consulting with business management and has launched several business projects, focused on the social enterprise. Jorge is leading an effort to engage vulnerable populations under the EuroPACE project. Connect with Jorge. |
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Keeping PACE with the Latest Developments
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We've compiled a list of relevant and provocative articles and reports.
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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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