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Financing Energy Efficiency using Private Investments

Project description

Finding funding for eco-actions

The EU is building on its 2030 climate and energy goals to reduce greenhouse gas emissions and promote the deployment of renewable energy. Private investments can help to ensure the smooth transition to a clean, smart and secure energy system. In this context, the EU-funded F-PI project will help to facilitate private investments by reducing transactional costs. To do this, it will implement a coherent work plan and execute a set of concrete actions. The concrete actions are focused on provision of technical assistance to private funds to boost their capital in energy efficiency. The project’s overall aim is to trigger EUR 30 million in investments into sustainable energy through planned actions and proper procedures.

Objective

F-PI will help to reduce its transactional cost through on the promotion of Energy Efficiency projects by implementing a coherent work-plan and will execute a set of concrete actions. The concrete actions are focused on provision of technical assistance to private funds to boost their capital in energy efficiency.
This technical assistance contains the design on standardized procedures to create and analyse portfolios as well as the definition of innovative financing alternatives, always having in mind the high degree of replicability.
By the end of the project, F-PI will trigger €30m of investments into sustainable energy thanks to the successful execution of the planned actions as well as the definition of the proper standard procedures.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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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-LC-SC3-2018-2019-2020

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Coordinator

DELOITTE ADVISORY SL
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.

€ 646 562,50
Address
PLAZA PABLO RUIZ PICASSO 1
28020 Madrid
Spain

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Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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.

€ 646 562,50

Participants (3)

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