Project description
Enhancing at an Early Stage the Investment Value Chain of Energy Efficiency Projects
The overall aim of the EU-funded Triple-A project is to assist financial institutions increase their deployment of capital in energy efficiency, making investments more transparent. Triple-A scheme will identify which investments are considered as Triple-A, fostering sustainable growth, already from the first stages of investments generation and pre-screening, where no standardization exists. Triple-A will provide risk profiles and mitigation policies, including a Web-based database, enabling national and sectoral comparability, market maturity identification, experiences exchange, reducing thus uncertainty for investors. The project will develop standardised Triple-A tools, efficient benchmarks and guidelines, through which in-country demonstrations of the investments and recommendations are envisaged. The case-study countries are eight Member States, namely Bulgaria, Czech Republic, Germany, Greece, Italy, Lithuania, The Netherlands and Spain.
Objective
Triple-A has a very practical result-oriented approach, seeking to answer three questions:
- How to assess the financing instruments and risks an early stage?
- How to agree on the Triple-A investments, based on selected key performance indicators?
- How to assign the identified investment ideas with possible financing schemes?
The Triple-A scheme is introduced, compromising three critical steps (answering each question), with the following main outputs:
- Step 1 - Assess: Member States (MS) risk profiles and mitigation polices, including a Web based database, enabling national and sectoral comparability, market maturity identification, good practices experiences exchange, reducing thus uncertainty for investors.
- Step 2 - Agree: Standardised Triple-A tools, efficient benchmarks, and guidelines, translated in consortium partners’ languages, accelerating and scaling up investments.
- Step 3 - Assign: In-country demonstrations, replicability and overall exploitation, including recommendations on realistic and feasible investments in the national and sectoral context, as well as on short and medium term financing.
The Triple-A case study countries were selected to promote diversity across a number of factors, including: a leading European economy (Germany), an innovation front-runner in energy (The Netherlands), a weak economy, went through one of the longest and most severe recessions (Greece), an economy with slow economic recovery (Italy), a diversified economy with a strategic geographical location having some of the largest European firms (Spain), a country that has experienced one of the fastest economic recoveries in Europe (Lithuania), a progressing country with a once sceptical stance towards low-carbon development (Czech Republic), and a country, recovering from a slow transition to a market economy, with growing regional strategic role and significant ambition towards EU processes (Republic of Bulgaria).
Fields of science
Keywords
Programme(s)
Funding Scheme
CSA - Coordination and support actionCoordinator
157 80 ATHINA
Greece