Launch of the EEIFG Energy Efficiency Underwriting Guide

On 22 June 2017 during the EU Sustainable Energy Week (www.eusew.eu), EEFIG will launch a value and risk appraisal framework for energy efficiency finance and investments.

The purpose is:

• to help originators, analysts and risk departments within financial institutions better understand the nature of energy efficiency investments and therefore better evaluate both their value and the risks.
• to provide a standardised framework for evaluating energy efficiency investments and analysing the risks that will allow training and capacity building around standardised processes and understanding.
• to help developers and owners seeking to attract external capital to energy efficiency projects to develop projects in a way that better addresses the needs of financial institutions.
• to foster a common language between project developers, project owners (hosts) and financial institutions.

RoGBC has contributed to the development of this guide, which includes our Green Mortgage program among the good practices in Europe.

De-risking Energy Efficiency Platform (DEEP)

In November 2016, EEFIG launched The De-risking Energy Efficiency Platform (DEEP),  in close coordination with the European Commission’s launch of the Clean Energy for All Europeans package.

DEEP is an open source database for energy efficiency investments performance monitoring and benchmarking.

The main objective of DEEP is to improve the understanding of the real risks and benefits of energy efficiency investments based on market evidence and track record.

Upon launch the database includes 7,800+ energy efficiency projects in buildings and industry from 25 data providers.

Why use the platform:

• DEEP provides anonymized historical data structured along major project characteristics (geography, energy efficiency measures, verification status, industry / type of building, multiple benefits, etc.).
• DEEP platform provides insight on financial performance indicators such as payback time (allows assessment of minimum loan tenure needed) and discounted avoidance cost (allows assessment of financial viability at different interest rates and energy prices).
• These clearly document the existence of many investment opportunities within energy efficiency in both buildings and industry.
• Financial institution may upload their own individual projects or portfolios as private projects and benchmark them against user-selected sub-sets of the projects in DEEP.

You can access the platform here: http://www.deep.eefig.eu/

We are sure that there other great buildings energy efficiency projects all over the world and we invite  you to become a data provider to gather:

• Better geographic spread of buildings energy efficiency projects (more projects outside Germany, Poland, France, UK and Belgium)
• Better geographic spread of industrial energy efficiency projects (more projects outside Germany, USA and UK)
• More projects with data on verification status
• More projects with information on multiple benefits (such as carbon emission reductions, reduced maintenance costs, health & safety and employee satisfaction.

Contact: Carsten Glenting (This email address is being protected from spambots. You need JavaScript enabled to view it.) or Timothée Noël (This email address is being protected from spambots. You need JavaScript enabled to view it.)

Energy Efficiency Financial Institutions Group

The Energy Efficiency Financial Institutions Group EEFIG (www.eefig.eu) was established by DG Energy and UNEP FI in 2013 as a working forum for public and private financial institutions, industry representatives and sector experts with a common interest in overcoming the challenges of obtaining long-term financing for energy efficiency.

The European Commission, through DG Energy, invited RoGBC to join EEFIG in 2015, in recognition of our Green Mortgage program, a green financing best practice in the EU.