Objective In the EU, buildings are responsible for 40% of total energy consumption and 36% of CO2 emissions. By improving the energy efficiency (EE) of buildings, the EU’s total energy consumption could be reduced by 5-6% and CO2 emissions by 5%. Considering that the building stock constitutes the largest single energy consumer in the EU, and that the value of the European mortgage market is equal to 53% of EU’s GDP, there is huge potential to bridge financial innovation and the EE world and to unlock the benefits of mortgage financing to support EE to the benefit of all.The EeMAP Project intends to deliver a standardised framework based on a market benchmark to stimulate EE investment by households in the EU’s housing stock by way of a private banking financing mechanism.Three key outputs will be: a framework for a building energy passport, recording the EE history of a property by recognising the improvements made; a framework that can integrate the “green value” of a property through EE and collected market data; the framework for an EE mortgage product. Accordingly, EE investment will become financially viable, as market transparency will be improved. The Project will create synergies in the mortgage and covered bond value chain, delivering a virtuous circle between lenders, borrowers and investors from the origination of the energy efficient mortgage to the pooling of EE collateral for the purpose of energy efficient covered bonds. EeMAP has long-term potential to drive housing markets across Europe in a sustainable manner and encourage significant energy reductions in line with the EU’s aspirations and global climate change demands. Concretely, issuing 35,000 green mortgages a year can achieve savings of 88 GWh per annum.The EeMAP Project brings together all the necessary competencies (financial, building and EE, property valuation, energy provision and data) to develop a credible, workable and marketable pan-European energy efficient mortgage initiative. Fields of science social sciencessociologygovernancecrisis managementnatural sciencesearth and related environmental sciencesatmospheric sciencesclimatologyclimatic changes Keywords Energy savings housing stock energy efficiency mortgage credit bank financing initiative green value EPC preferential financial conditions risk management capital requirements Programme(s) H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme H2020-EU.3.3.7. - Market uptake of energy innovation - building on Intelligent Energy Europe H2020-EU.3.3.1. - Reducing energy consumption and carbon foorpint by smart and sustainable use Topic(s) EE-24-2016-2017 - Making the energy efficiency market investible Call for proposal H2020-EE-2016-2017 See other projects for this call Sub call H2020-EE-2016-CSA Funding Scheme CSA - Coordination and support action Coordinator COVERED BOND & MORTGAGE COUNCIL Net EU contribution € 420 000,00 Address Rue de la science 14 1040 Brussels / bruxelles Belgium See on map Region Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad Activity type Other Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 6 250,00 Participants (5) Sort alphabetically Sort by Net EU contribution Expand all Collapse all UNIVERSITA CA' FOSCARI VENEZIA Italy Net EU contribution € 240 000,00 Address Dorsoduro 3246 30123 Venezia See on map Region Nord-Est Veneto Venezia Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 ROYAL INSTITUTION OF CHARTERED SURVEYORS United Kingdom Net EU contribution € 240 000,00 Address Great george street 12 parliament square SW1P 3AD London See on map Region London Inner London — West Westminster Activity type Other Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 250,00 UKGBC LIMITED United Kingdom Net EU contribution € 330 000,00 Address The building centre 26 store street WC1E 7BT London See on map Region London Inner London — West Camden and City of London Activity type Other Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 41 250,00 E. ON UK PLC United Kingdom Net EU contribution € 135 000,00 Address Westwood way CV4 8LG Coventry See on map Region West Midlands (England) West Midlands Coventry Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 4 975,00 JOHANN WOLFGANG GOETHE-UNIVERSITAET FRANKFURT AM MAIN Germany Net EU contribution € 135 000,00 Address Theodor w adorno platz 1 60323 Frankfurt am main See on map Region Hessen Darmstadt Frankfurt am Main, Kreisfreie Stadt Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 337,50
