A successful start of the summer for EuroPACE
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EuroPACE highlighted by IEA, online EUSEW session, insightful webinars & more. Read all about it in this month's newsletter.
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With summer peeking around the corner and lockdowns carefully being lifted in Europe, June has been a bright month for EuroPACE. The International Energy Agency (IEA)'s Global Commission for Urgent Action on Energy Efficiency released its report with recommendations, and we are very pleased to announce that EuroPACE is mentioned in it as a scalable financing tool, alongside PACE financing and utility obligation schemes. This is an important recognition, especially as governments all over the world are looking for effective financing schemes to foster a green recovery.
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We hope you enjoy this edition of our newsletter, where we invite you to re-read and re-watch more of June's highlights and stay informed about our activities.
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EU Sustainable Energy Week (EUSEW)
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"Effective home renovation programs to stimulate the post COVID-19 recovery" - featuring EuroPACE
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On the 25th of June, Davide Cannarozzi, Founder and CEO of GNE Finance, spoke about EuroPACE as an innovative example of how to effectively boost eco-sustainable home renovation whilst simultaneously stimulating social cohesion at the EUSEW session. "The public sector cannot do it alone. The private sector needs to step in and attract financing and market expertise - coordination is key!" noted Mr Cannarozzi.
If you were not able to join the nearly 300 participants that followed the online session live, click the button below to re-watch the event.
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Webinar: "Cities and Regions leading the Social Green Recovery in Spain" (ES)
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WHEN: July 2nd, 12:00-13:30 CET.
EuroPACE, GNE Finance and GBCe are organizing the second part of their "Social Green Recovery" webinar series. This time, the focus is on cities and regions spearheading the Social Green Recovery in Spain.
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Experts and local political and government representatives will share their insights on the role that public authorities can - and must - play in achieving a sustainable and just recovery for Spain in the wake of the COVID-19 crisis.
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A closer look at the HolaDomus project in Olot
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Interview with Jordi Ayats, Program Manager
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Ajuntament Impulsa published an interview with Jordi Ayats, Manager of the HolaDomus program. In the interview, Jordi offers insights about the HolaDomus program currently being piloted in Olot, Catalunya, detailing how the program supports families during their renovation journey.
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"The issues arising from climate change and unhealthy homes are global problems, which means that the benefits of Holadomus are not confined to Olot, but can be expanded to many other locations as well."
- Jordi Ayats, HolaDomus program manager
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Building renovation is the way to go
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Renovate Europe confirms finds home renovation's positive impact on economy to be substantial
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Buildings Performance Institute Europe (BPIE) conducted a study on the impact of building renovation on economic and other parameters for Renovate Europe, which was published online last month. The results of this study allow for a clear conclusion to be drawn: home and building renovation provides enormous opportunities for European prosperity. Some key findings include:
- For every €1M invested in energy renovations, 18 new jobs are created.
- For every unemployed person retrained to enter the construction sector, the government saves €6.000.
- For every €1 spent on energy renovation, the government gets a return of €0,62 within one year.
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Webinar: COVID-19 and the Social Green Recovery (ES)
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On the 11th of June, EuroPACE, GNE Finance and GBCe held their webinar on COVID-19 and the Social Green Recovery. Several speakers, including GNE Finance founder and CEO Davide Cannarozzi, highlighted innovative financing mechanisms and green solutions to kick-start the Social Green Recovery in Spain.
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Webinar: Energy efficient home improvements and the Green Stimulus
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On the 3rd of June, under the EuroPACE umbrella, GNE Finance and Climate Bonds Initiative held a webinar aimed at elevating the potential of sustainable home renovation in achieving a green and fair post-COVID-19 recovery. The speakers from Renovate Europe, the International Energy Agency, and the European Investment Bank were present alongside GNE Finance and CBI.
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Please read the discussion paper on home renovation and green stimulus, produced by CBI.
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GNE Finance is looking for a Business Analyst to join the team
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Do you want to actively contribute to the clean energy transition? GNE Finance has an open position for a Business Analyst who wants to be a part of a dynamic international team working to innovate sustainable home renovation. Learn more by clicking the button below.
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Keeping PACE with the Latest Developments
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Relevant articles, reports, opinion pieces
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- Ramboll published its 'Sustainable buildings market study 2019', examining sustainable development trends in the building sector. It found that sustainability is increasingly becoming a key factor in construction, driven by health & wellbeing concerns and climate goals. Read the full study here.
- The idea that sustainability concerns and economic growth are at odds belongs to the past. This article by International WELL Building Institute on GRESB's website underlines how planetary, economic and human health are undeniably intertwined.
- With a record $225B (€200B) in green bonds and loans being issued in 2019, complementary transition bonds might harbor potential to support the clean energy transformation. Read Foresight's article about transition bonds here.
- Citing the IEA's Sustainable Recovery Plan, Vice-President for the European Green Deal Frans Timmermans tweeted his enthusiasm about the fact that the largest amount of job creation within the Green Recovery would come from energy renovations.
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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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