ENERFUND is a tool that will rate and score deep renovation opportunities – like a credit score used by banks to rate clients. The tool will be based on a methodology to be developed and on a set of parameters such as EPC data, number of certified installers, governmental schemes running, etc. By providing a rating for deep renovation opportunities – whether for private establishments or for public buildings – funding institutes can provide targeted loans, retrofit companies can identify sound opportunities, municipalities can promote targeted incentives and the public's trust for retrofitting will be enhanced. The objectives of the current proposal is to (a) analyse the status quo and needs of deep renovation stakeholders and the public, (b) build upon the outcomes of previous projects to create a tool for deep renovation financing, (c) promote the tool to all interested stakeholders, (d) measure and document the impact of the tool on deep renovation strategies and financing and (e) provide a powerful tool that will assist EU stakeholders meet their obligations on increasing renovation rates. The partners, from 12 countries, include 2 universities, in charge of the project management and the development of the methodology behind the tool, 2 SMEs with extensive experience on database management, EPC mapping, development of online decision-making tools, and 11 Ministries, Energy Agencies, NGOs, etc that are connected with the relevant stakeholders throughout Europe and can promote the tool. The expected impact is approximately 45GWh due to the use of the tool to promote deep renovation of buildings and through our training and dissemination activities. ENERFUND will account for approximately 1% of the current annual renovation rate during the project duration. The strategic, long term aim is to provide a unified global tool for the promotion, not only of deep renovation of buildings, but of all energy related activities in the building sector.

The overall vision of FORTESIE is to design, demonstrate, validate and replicate innovative renovation packages in the building industry with Smart Performance-Based guarantees and financing, aiming at Efficient, Sustainable and Inclusive Energy (ESIE) use to accelerate the Renovation Wave in Europe. The renovation packages will combine state-of-the-art construction materials and technologies components (prefabricated facades, BIPV, heat pumps, etc.), innovative digital technologies for measurement and verification, and attractive financing (e.g. contractual frameworks for smart performance guarantees, financing mechanisms, engagement techniques, green-euros, etc.), to raise the overall EPC value proposition. The renovation packages will be tailored to specific target groups needs and optimised to improve the ESIE performance considering energy, CO2 and comfort. Each package will be demonstrated and validated in real life use cases and customised for replication in all other partner countries for immediate market take-up. Methodologies from Social Sciences and Humanities (SSH) will be adopted for: a. the creation of collaborative business models that boost the Renovation Wave by considering all stakeholders’ value and revenue streams, b. novel incentivisation and behavioural change models that aim to stimulate long term engagement with focused interactions to adopt green behaviour c. the incorporation of a digital currency, green-euro, (€G) for financing, rewarding and creating an inclusive /collective narrative in the fight against climate change d. the collection of feedback for recommendations to policy and business stakeholders, e. Mapping and understanding the complex interplay between the different stakeholders to deliver an engagement strategy across the value chain.These demonstrations will potentially constitute the green-euro as a retail Central Bank Digital Currency (CBDC), hence revolutionising the financing of renovation approaches. An online marketplace, will be offering first level advice, directing consumers through the value chain of stakeholders and facilitating access to these “packaged” renovation services.

The QualitEE-project aims to scale up investment in building energy efficiency by establishing quality certification frameworks for energy efficiency services across Europe, which do not exist currently. Quality certification frameworks from other sectors are constituted by the following elements; specification of standardised quality criteria, institutionalisation of the quality assurance process,and active promotion schemes. Quality certification frameworks go beyond the presentation of model contracts,directly addressing the main challenges for energy efficiency markets (EEFIG, 2015): i) Market heterogeneity and lack of standardisation makes it costly for clients to differ between “good quality” and “bad quality” services and lead to customers’ lack of trust; ii) Financial Institutions perceive the “technical risk” of energy efficiency services as opaque and are thus hesitant in making financing decisions; iii) Heterogeneity of services and service providers and lack of standardised project assessment tools restrict bundling of small investments in individual energy services into tradeable bonds,preventing access to secondary capital markets. QualitEE will address these challenges by: - Establishing national promotion teams to form the institutional nucleus for quality certification frameworks; participation of energy efficiency associations, accredited certification bodies, national authorities and financial institutions has been confirmed. - Developing guidelines on EU-wide standardised “technical quality criteria” and “minimum financial information” related to energy efficiency services. - Applying quality criteria and quality certification processes in pilot projects. - Establishing national quality assurance business cases and promotion to ensure market uptake. QualitEE will contribute to market expansion through standardisation and quality assurance of energy efficiency services in an institutional framework that is sustained beyond the end of the project.

Energy Performance Contracting (EPC) is a proven model for modernizing mostly public buildings by ESCOs with guaranteed energy and cost savings. Nevertheless, a broad roll-out of EPC is being prevented mainly because of two unresolved issues: the split incentives dilemma and the lack of adequately flexible contract models. The guarantEE project will address prevailing barriers to EPC in a team of 14 experienced partners, covering large parts of Europe in a mix of advanced and emerging ESCO markets. Based on a concise market analysis, guarantEE will develop innovative business and financing models addressing and overcoming the split incentives dilemma in performance based ESCO projects. This will be done by adequately sharing costs and benefits between user, building owner and ESCO (triple-win approach), thus opening up new project opportunities. Furthermore, EPC contract variants will be elaborated and tested, addressing the need for enhanced flexibility (e.g. exit clauses, simplified M&V, future energy market needs, storage). The target groups are public and – especially in advanced EPC markets – private sector clients. The developed models will be applied in 33 pilot projects involving private and public building owners. The project will achieve 78 GWh PE and 18000 tCO2 savings per year and will trigger investments of >11 M€. Particularly in emerging EPC markets, guarantEE will support market development by providing standards, an online EPC pre-check, good practice examples, EPC information and project facilitation for mainly municipal clients. Broad dissemination activities, including the European Energy Service Award, will maximise the project visibility. The project will address or consult at least 1000 building owners and EPC facilitators and will inform at least 2000 energy sector stakeholders on EPC. The guarantEE project will unlock additional EPC project opportunities, contribute to standardisation, and provide political advice and steps towards a common energy service market in Europe.