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SMARTER Finance for Families–Improving Citizens’ Health, Comfort and Financial Well-Being by Supporting Banks, Residential Investors and Solution Providers with Green Homes and Green Mortgage programs

Objective

"Many citizens, particularly in nascent green building markets, make suboptimal decisions in the design and construction choices for renovation approaches and new home purchases due to a fear of bank financing. Borrowing sufficiently to bring forward necessary resources to build homes properly both reduces citizens’ “Total Cost of Monthly Ownership” (loan payment plus energy, health and repair costs) while unlocking a critical increase of construction budgets facilitating ownership of the greenest, high-quality homes. Financing Green Homes with the borrower subject to lower monthly operating costs is less risky to banks which provide discounted credit without harming profits.

The SMARTER project effectively communicates the benefits of Green Homes to citizens and other key stakeholders to bring a systemic solution to a systemic problem that inhibits the financial industry to design and offer green finance products and the citizens to understand and request them. SMARTER replicates a successful “Green Homes and Green Mortgage” program to 12 new countries, addresses barriers and brings green innovation with relevant research and cluster formation, adapts essential tools for administration and communication, and effectively expands collection of actual energy and financial performance to improve risk analysis with local data. Public investment is leveraged and ambitious green EU targets are supported as banks, developers, and green solution providers all contribute budgets to increase private financing for building exemplary homes.

The SMARTER “Green Homes Investment Platform” guides new programs to a suitably ambitious, common definition of green investments and facilitates institutional investment by collaborating with ongoing initiatives including EeMAP and EEFIG; aligning with EC objectives such as “Mainstreaming Energy Efficiency Finance” and advancing the Financial, Technical and Behavioral de-risking championed by “Smart Finance for Smart Buildings""."

Call for proposal

H2020-LC-SC3-EE-2018
See other projects for this call

Funding Scheme

CSA - Coordination and support action

Coordinator

ASOCIATIA ROMANIA GREEN BUILDING COUNCIL
Address
Str Argentina 43 Sector 1
011277 Bucuresti
Romania
Activity type
Other
EU contribution
€ 428 781,25

Participants (17)

DANMARKS TEKNISKE UNIVERSITET
Denmark
EU contribution
€ 204 053,75
Address
Anker Engelundsvej 1 Bygning 101 A
2800 Kgs Lyngby
Activity type
Higher or Secondary Education Establishments
UNIVERSITE LIBRE DE BRUXELLES
Belgium
EU contribution
€ 108 968,75
Address
Avenue Franklin Roosevelt 50
1050 Bruxelles
Activity type
Higher or Secondary Education Establishments
IRISH GREEN BUILDING COUNCIL LIMITED BY GUARANTEE
Ireland
EU contribution
€ 123 708,75
Address
19 Mountjoy Square East
DO1 E8P5 Dublin 1
Activity type
Other
CLOVEK V TISNI OPS
Czechia
EU contribution
€ 59 000
Address
Safarikova 635/24
120 00 Praha 2
Activity type
Other
ENOVA D.O.O. SARAJEVO
Bosnia and Herzegovina
EU contribution
€ 34 357,50
Address
Str.podgaj 14/1
71000 Sarajevo
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
UDRUZENJE SAVJET ZA ZELENU GRADNJU
Bosnia and Herzegovina
EU contribution
€ 44 843,75
Address
Ulica Brcanska Broj 17
71000 Sarajevo
Activity type
Other
FONDATSIYA TSENTAR ZA ENERGIYNA EFEKTIVNOST - ENEFEKT
Bulgaria
EU contribution
€ 74 900
Address
Christo Smirnensky Blvd 1 Fl 3
1164 Sofia
Activity type
Research Organisations
CESKA RADA PRO SETRNE BUDOVY
Czechia
EU contribution
€ 58 200
Address
Drtinova 10
150 00 Prague
Activity type
Other
ENERGOEPEKTUROBIS TSENTRI SAKARTVELO
Georgia
EU contribution
€ 75 500
Address
D. Gamrekeli Str. 19
0160 Tbilisi
Activity type
Other
CENTRE FOR RENEWABLE ENERGY SOURCES AND SAVING FONDATION
Greece
EU contribution
€ 59 593,75
Address
Marathonos 19Th Km
19009 Pikermi
Activity type
Research Organisations
CRISTOFORETTI SEBASTIANO

Participation ended

Italy
EU contribution
€ 0
Address
Via San Pio X 10
38122 Trento
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
GREEN BUILDING COUNCIL ITALIA
Italy
EU contribution
€ 43 656,25
Address
Piazza Manifattura 1
38068 Rovereto
Activity type
Other
POLSKIE STOWARZYSZENIE BUDOWNICTWA EKOLOGICZNEGO
Poland
EU contribution
€ 62 000
Address
Ul Stanislawa Konarskiego 18C
44 100 Gliwice
Activity type
Other
SLOVENSKA RADA PRE ZELENE BUDOVY
Slovakia
EU contribution
€ 59 682,50
Address
Ulica Vajnorska 8 A
831 04 Bratislava
Activity type
Other
TURKECO INSAAT ENERJI SANAYI VE TICARET LIMITED SIRKETI
Turkey
EU contribution
€ 84 312,50
Address
Tepecik Yolu Sokak Alkent Sitesi Mimoza 4 Blok D 10
34342 Istanbul
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
ASSOCIATION EUROPEAN-UKRAINIAN ENERGY AGENCY
Ukraine
EU contribution
€ 54 593,75
Address
Volodymyrska Street 61-B, 2 Floor
01033 Kyiv
Activity type
Other
CRISCON SOCIETA' A RESPONSABILITA' LIMITATA SEMPLIFICATA
Italy
EU contribution
€ 42 042,90
Address
Piazza Vicenza 8
38122 Trento
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)