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CBDC powered Smart PerFORrmance contracTs for Efficiency, Sustainable, Inclusive, Energy use

Project description

A boost for Europe’s sustainable building trend

The construction sector is one of the largest energy-consuming industries and a significant contributor to greenhouse gas emissions. Fortunately, there is a growing trend in Europe’s building industry towards achieving high energy efficiency and sustainability performance. The EU-funded FORTESIE project will develop building renovation packages tailored to meet the needs of different target groups and optimised for improved energy performance, CO2 reduction and increased comfort levels. These renovation packages will combine state of the-art construction materials and technologies, including prefabricated facades, building-integrated photovoltaics and heat pumps. Overall, FORTESIE aims to accelerate the Renovation Wave in Europe and promote more sustainable practices in the building industry.


The overall vision of FORTESIE is to design, demonstrate, validate and replicate innovative renovation packages in the building industry with Smart Performance-Based guarantees and financing, aiming at Efficient, Sustainable and Inclusive Energy (ESIE) use to accelerate the Renovation Wave in Europe. The renovation packages will combine state-of-the-art construction materials and technologies components (prefabricated facades, BIPV, heat pumps, etc.), innovative digital technologies for measurement and verification, and attractive financing (e.g. contractual frameworks for smart performance guarantees, financing mechanisms, engagement techniques, green-euros, etc.), to raise the overall EPC value proposition. The renovation packages will be tailored to specific target groups needs and optimised to improve the ESIE performance considering energy, CO2 and comfort. Each package will be demonstrated and validated in real life use cases and customised for replication in all other partner countries for immediate market take-up. Methodologies from Social Sciences and Humanities (SSH) will be adopted for: a. the creation of collaborative business models that boost the Renovation Wave by considering all stakeholders’ value and revenue streams, b. novel incentivisation and behavioural change models that aim to stimulate long term engagement with focused interactions to adopt green behaviour c. the incorporation of a digital currency, green-euro, (€G) for financing, rewarding and creating an inclusive /collective narrative in the fight against climate change d. the collection of feedback for recommendations to policy and business stakeholders, e. Mapping and understanding the complex interplay between the different stakeholders to deliver an engagement strategy across the value chain.These demonstrations will potentially constitute the green-euro as a retail Central Bank Digital Currency (CBDC), hence revolutionising the financing of renovation approaches. An online marketplace, will be offering first level advice, directing consumers through the value chain of stakeholders and facilitating access to these “packaged” renovation services.


Net EU contribution
€ 364 020,00
Rue jean engling 12
1466 Luxembourg

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Luxembourg Luxembourg Luxembourg
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Other funding
€ 242 680,00

Participants (26)