New financing mechanism for greener buildings
The uptake of deep energy renovations (ERs) in the European building stock is a top priority and in line with the European Green Deal. Enhancing energy efficiency financing mechanisms is essential to achieve this target and ensure widespread use of ERs in Europe. The EU-funded Ren-on-Bill project aims to scale up investments towards deep ERs of residential buildings, while promoting the development and implementation of on-bill schemes based on cooperation with the financial institutions accepting repayment by drawing on utility bills. This method, successfully adopted in Canada and the United States, is expected to significantly lower default rates and bring several benefits to the European building energy renovation market and its society.
Call for proposal
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Funding SchemeCSA - Coordination and support action