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The Spanish permanent multilateral Smart Finance FORUM for Smart Buildings

Project description

Sustainable building financing in Spain

The overall objective of the EU-funded AUNA project is to upscale building renovation by tackling one of its key barriers: access to adequate and affordable financing. To achieve the objective of total decarbonisation of building stock in 2050, varied financing models suitable for each situation and with favourable conditions are needed. AUNA intends to set a permanent multilateral forum to promote a common understanding of energy efficiency financing for buildings renovation among stakeholders related to the financial world, building sector, policy makers and homeowners. AUNA will extend the reach of the Sustainable Energy Investment Forums in Spain; apply the Smart Finance for Smart Buildings initiative; and contribute to achieving the objectives of the NECP and the Spanish LTRS.

Objective

In extension of the work of the Sustainable Energy Investment Forums,

AÚNA proposes to create in Spain a permanent, multilevel, multilateral discussion FORUM, fully focused on sustainable building financing, for the effective and wide implementation of the Smart Finance for Smart Buildings initiative, with the following differential characteristics:

• From the building renovation sector, with a systemic approach led by Green Building Council España (GBCe)

• Based on GBCe’s knowledge in the field, from the GTR Reports to the national and international coordination of stakeholders’ collaborative processes of H2020 BUILD UPON projects, and the launching in Spain of the green mortgages initiative EeMap, which put GBCe in a unique position

• Able to bridge the gap between renovation and financing, by the incorporation at a leading discussion level of the most advanced players on all the interrelated aspects of financing, facilitated by the present openness of the financial world

• Oriented to a shared understanding, to draw significant advances in terms of ideas, to be incorporated by the stakeholders to their practices and policies

• Integrally based on the financial and stakeholders platforms aspects of the Commission Recommendation on Building Renovation

• Totally aligned with the Spanish Long Term Renovation Strategy, of which it becomes a key stream in continuation of the work already started, with full support from the Interministerial LTRS group of Spain (ERESEE)

• Four rounds of growing practical definition and outreach, with clearly defined progress indicators: a) preparatory; discussion FORUM definition and planning, b) extension to the wide renovation sector, c) citizenship outreach and d) shared contribution to the Spanish NECP and the ERESEE 2023

• Liaising with the SEIF organization and other relevant European Commission’s initiatives (e.g. Energy Efficiency Financial Institutions Group (EEFIG), Project Development Assistance (PDA) facilities, the Covenant of Mayors/SECAP initiatives”), international dimension through the European Network of GBCs, the Smart Cities and Communities (Lighthouse) network, and other consortium member networks

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

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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

GREEN BUILDING COUNCIL-ESPANA CONSEJO PARA LA EDIFICACION SOSTENIBLE-ESPANA
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.

€ 298 187,50
Address
PASEO DE LA CASTELLANA 114
28046 Madrid
Spain

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Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Other
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.

€ 298 187,50

Participants (8)

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