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Bulgarian Energy Efficiency Forum on Smart Finance for Smart Buildings

Objective

Bulgaria is facing a serious challenge to radically transform its extremely grant-dependent energy efficiency support schemes, while at the same time preserving the speed and scope of the clean energy transition. This is especially valid for the residential sector, where the existing 100% grant mechanism for building renovation has to be quickly reformed into a sustainable financing scheme, at the same time targeting more ambitious energy targets and taking into account the overspread energy poverty. Similar situation is evidenced in the industry, where investments are usually prompted by operational programmes offering up to 80% grants. Considering the principles of functioning of the EU Green Deal and the possibilities under the Recovery Package, innovative financial instruments have to be quickly designed and adopted in a transparent and inclusive way, significantly improving the leveraging effect of public resources, while at the same taking into account the limited investment capacities and purchasing power of the consumers. To address these policy and market gaps, BeSmart aims to support smart financing implementation by setting up a permanent discussion forum, gathering central and local authorities, energy efficiency experts, the financial sector, ESCOs, homeowners, industry, construction and SME sector representatives. The discussion forum and the 9 roundtables planned under the project are specifically designed to support new business models and utilize investment opportunities derived from the increased financing for energy efficiency and renewable energy at EU level. They will gather and upscale existing best practices, support the development of national and local-level strategies, propose improvements in the national policy framework and implementation programmes, develop the institutional and legal framework, and increase the transparency in the policy-making process, leading to increased trust of the investors and better functioning of the market.

Call for proposal

H2020-LC-SC3-EE-2020-2
See other projects for this call

Funding Scheme

CSA - Coordination and support action

Coordinator

FONDATSIYA TSENTAR ZA ENERGIYNA EFEKTIVNOST - ENEFEKT
Address
Christo Smirnensky Blvd 1 Fl 3
1164 Sofia
Bulgaria
Activity type
Research Organisations
EU contribution
€ 120 298,75

Participants (10)

SUSTAINABLE ENERGY DEVELOPMENT AGENCY
Bulgaria
EU contribution
€ 35 375
Address
37 Ekzarh Jossif Str.
1000 Sofia
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
ECONOLER SA
Bulgaria
EU contribution
€ 71 250
Address
31, Petar Parchevich Str., Fl.1, Apt.1
1000 Sofia
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
BALGARSKA STOPANSKA KAMARA - SAYUZ NA BALGARSKIA BIZNES
Bulgaria
EU contribution
€ 28 375
Address
Alabin Street 16-20
1000 Sofia
Activity type
Other
MUNICIPAL ENERGY EFFICIENCY NETWORKECOENERGY ASSOCIATION
Bulgaria
EU contribution
€ 73 562,50
Address
Hristo Smirnensky Blvd 1 Floor 3
1164 Sofia
Activity type
Other
UNIVERSITET PO ARCHITEKTURA STROITELSTVO I GEODEZIJA
Bulgaria
EU contribution
€ 25 875
Address
Hristo Smirnenski Blvd 1
1046 Sofia
Activity type
Higher or Secondary Education Establishments
ALIANS ZA ENERGIJNA EFEKTIVNOST
Bulgaria
EU contribution
€ 41 500
Address
Tzar Ivan Shishman 3 Vh B Et 2
1000 Sofia
Activity type
Other
BULGARIAN CONSTRUCTION CHAMBER
Bulgaria
EU contribution
€ 38 125
Address
Mihail Tenev 6
1784 Sofia
Activity type
Other
NATSIONALEN DOVERITELEN EKOFOND
Bulgaria
EU contribution
€ 41 500
Address
67 B Shipchenski Prohod Blvd
1574 Sofia
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
MUNICIPALITY OF GABROVO
Bulgaria
EU contribution
€ 33 000
Address
Vazrazhdane Sq 3
5300 Gabrovo
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
STOLICHNA OBSHTINA
Bulgaria
EU contribution
€ 37 125
Address
Moskovska Str 33
1000 Sofia
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)