Specific Challenge: Access to private finance for energy efficiency and integrated renewables remains challenging. One obstacle is the lack of common understanding of the topic between government, public sector, private sector, and the financial sector. The Smart Finance for Smart Buildings initiative 79 has proposed a comprehensive approach based on the more effective use of public funds, aggregation and project development assistance, and de-risking.
However, this approach still needs to be rolled out and shared with all stakeholders at the national level. The Commission is piloting this through the Sustainable Energy Investment Forums initiative since 2016
Expected Impact: Proposals are expected to demonstrate, depending on the scope addressed, the impacts listed below, using quantified indicators and targets wherever possible: