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Accelerating EuroPACE in Spain and Europe
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EuroPACE Talk with Patty Fong from the European Climate Foundation, legal and fiscal assessment of the EU28, upcoming webinars and events.
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Thank you for following the journey of the EuroPACE project; we are glad to share our progress in implementing this innovative financing tool in Spain and expanding it to Europe. The highlights of this newsletter are:
- We are pleased to release the EuroPACE Readiness Assessment, a legal and fiscal analysis of the EU 28. Based on this assessment, Austria, Belgium, Netherlands, Italy, Poland, Portugal, Romania, and Spain were selected for the secondary analysis focusing on market potential.
- This month's EuroPACE Talk focuses on climate and energy policy and how it can help accelerate the home renovation market. Patty Fong from the European Climate Foundation, shared her perspectives and organization's publications, like a market survey conducted in 5 very different EU countries to better understand the public perceptions around home energy renovation.
- Lastly, there are a number of upcoming events that may present an opportunity to learn more about EuroPACE and meet in person.
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EuroPACE Readiness Assessment: Legal and Fiscal Analysis of the EU-28
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This document represents the first phase of the market readiness assessment focusing on the legal and fiscal analysis. Its aim is to develop a methodology to assess the feasibility of EuroPACE implementation from a legal and fiscal standpoint and than analyse the Eu 28 from this point of view. The EuroPACE Readiness map (see below) was developed based on the assessment of the EU 28. Read full report. |
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A second phase of this research, currently under development, will focus on the market potential of the seven selected countries.
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EuroPACE Talk: “Building renovation: from policy to implementation”
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Let's talk about policies that can help accelerate home renovation. Today we are speaking to Patty Fong, who is the Buildings Initiative Director at the European Climate Foundation. Patty shares her perspective about mandatory renovation requirements and about the recent survey conducted to uncover the underlying motivations and barriers for energy efficient renovations.
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The 5th EuroPACE Talk is focused on long-term policies to accelerate home renovation.
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Given the urgency to reach climate and energy goals set by the Paris Agreement and given the current low rate of building renovation, how do we get there?
ECF recently commissioned a market survey in 5 very different EU countries to better understand the public perceptions around home energy renovation. Through a series of focus groups and survey of 6,000 people representing a range of demographics, the study found that thermal comfort, monetary saving and a healthy indoor environment are the main motivations to carry out energy efficient renovations across all countries... continue reading.
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Let’s talk about the mandatory renovation requirements. Can mandates help to jump start the market?
Mandatory building codes are needed to accelerate the rate of renovation. They exist for new construction already—in less than two years, all new buildings in the EU must meet nearly zero energy requirements. A similar requirement should be phased in over time for existing buildings and should be integrated with decent and affordable housing requirements. ...continue reading.
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Upcoming Events and Webinars
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Join us for the second national roundtable on financing energy efficiency in Spain, to take place on 19 March at ICO’s offices in Madrid. The roundtable is jointly organised by the European Commission in partnership with the Instituto de Crédito Oficial (ICO), Instituto para la Diversificación y ahorro de la Energía (IDAE) and the UN Environment Finance Initiative .Register here.
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Join us on March 13th for a webinar on innovative financing mechanisms, hosted by our project partner, Joule Assets Europe. We will talk about on-bill financing, EuroPACE and crowdfunding.
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EuroPACE will be presented at the Conference on One-Stop Shops for Building Renovation on the 13 of March 2019 in Brussels. We are honored to join a group of home renovation experts and will share the outcomes in the next newsletter.
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Join us on March 28th for a webinar organized by the STUNNING project in collaboration with BUILD UP platform. Promising business models and financing solutions are being tested and implemented in Europe and globally, tune in to learn more. Register here. |
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The annual PACENation Summit is approaching. We look forward to speaking about EuroPACE on the emerging markets panel and sharing our progress with the US stakeholders. Join us at the Summit in Austin on April 3-5th. Register here.
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We are organizing an EuroPACE Summit as part of the Energy Week this June. The event will bring together cities, successful home renovation programmes, and investors for relevant debates about home renovation. Stay tuned for more details!
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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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Dr. Styczynska is a senior expert in labour market, social policy and employment. She is the administrative coordinator of the EuroPACE project and oversees the legal, fiscal and market research of the EU-28. She obtained her PhD in Economic Science on Informal Employment from the University of Turin and holds an MA in Economics from the University of Warsaw and an MA in Economics from CORIPE Piemonte in Turin. Connect with Izabela. |
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Ariadna Villegas is Director of DinamiG, the Local Economic Development Agency of la Garrotxa, where the EuroPACE Olot pilot takes place. Ariadna’s career has led her to specialise in designing and implementing Local Economic Development policies with a special focus on social innovation and to develop strong skills in projects and team management and strategic thinking. Connect with Ariadna. |
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Kristina is the Head of Communications and Marketing at GNE Finance. Kristina is leading the communications efforts for the EuroPACE project and develops a customer outreach strategy for the Olot pilot. Prior to that, Kristina has been promoting PACE financing in the US as part of PACENation. Connect with Kristina. |
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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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- Read the latest Climate Bonds Initiative report about the green bonds market. Download it here.
- The new report by the Joint Research Center "One-stop-shops for energy renovations of buildings" provides a broad overview of OSS programmes in Europe. Read more.
- The European Climate Foundation releases "Uncover the underlying motivations and barriers for energy efficient renovations" outlining the results of the survey. Read full report.
- Read more about how to address energy poverty across Europe. Read Adrian Joyce's piece.
- BPIE has released a guide for public officers to navigate new requirements for renovation strategies. Read more.
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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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