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Sustainable Energy Financing Plattform in Austria

Objective

The Sustainable Energy Financing Platform in Austria (SEFIPA) is designed as an action oriented platform to collect, develop, implement and disseminate innovative ideas to accelerate finance for sustainable energy. In contrast to the prevailing approach in Austria of subsidy based support of sustainable energy activities, SEFIPA will focus on increasing private sources of funds.

The overall concept of SEFIPA is to bring together a selected group of experts from the relevant stakeholder institutions (public administration, financial sector, business and consumer associations, energy service providers, NGOs) to jointly develop solutions to identified barriers with strong involvement of the broader interested public. These solutions, in form of new financing products, targeted information campaigns and changes to the existing regulatory framework will result in real and additional investments in sustainable energy.

The main elements of SEFIPA will be
• the Finance Lab, constituted of executive representatives of stakeholders groups who will work in regular sessions on the realization of solutions to the identified challenges for increasing SE investments. The outcome of the Lab will be at least 3 new financing instruments and 3 suggestions for adaptations of the regulatory framework for SE financing.
• the implementation and operation of a crowd-investing platform designed to raise equity capital from a multitude of investors (the crowd) for SE projects in Austria.
• the structured origination and implementation of SE investment actions utilizing the new financing instruments and regulatory changes. SEFIPA covers the whole spectrum of identification (call for investment actions, screening Lab members´ portfolios, conducting roadshows etc.), evaluation and implementation of investment actions. The consortium will monitor these actions in order to be able to provide a sound evaluation of the suitability and success of the realized instruments including their impact.

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CSA - Coordination and support action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EE-2014-2015

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Coordinator

OSTERREICHISCHE GESELLSCHAFT FUR UMWELT UND TECHNIK
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 476 750,00
Address
Hollandstrasse 10/46
1020 Wien
Austria

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Region
Ostösterreich Wien Wien
Activity type
Research Organisations
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 476 750,00

Participants (1)

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