The technical and economic viability of sustainable energy projects is of great interest to public institutions, businesses and individuals due to the associated energy savings and the additional economic and environmental benefits. The EU has articulated numerous mechanisms to encourage the mobilization of investment in terms of sustainable energy, and in Spain there are currently several of them applied to finance such projects. However, there is a set of barriers that hinders a greater development of them, standing out the lacks of: - trust among investors in financial viability; - public and private capabilities in project structuring; and - emblematic successful cases that can be a reference model. ENERINVEST addresses those issues by creating a consulting platform which will provide financial, technical and legal solutions to sustainable energy, facilitating the dialogue among the different stakeholders involved. ENERINVEST aims to become the reference Spanish platform in the field of sustainable energy projects financing, which covers the existing gap between the financial sector and the sustainable energy sector, hence, promoting a higher and more efficient investment in sustainable energy projects. This work is translated in: - gathering and organizing all current information, regulation and existing financial models in Spain; - identifying and promoting successful cases of innovative financial models; - creating an e-platform with an assessment and meeting tool for preliminary market assessments; - establishing working groups with stakeholders to join forces for the promotion of financial mechanisms for the execution of sustainable energy projects; - developing communication activities of the platform to foster its visibility and disseminating the results The main interested parties in ENERINVEST’s activities and results are the following target groups: projects promoters; financial entities, investors and policy makers and other stakeholders in energy and financing.

EuroPACE will develop a scalable on-tax financing mechanism to unlock the huge potential for deployment of energy saving and generation technologies to European households. The scheme is inspired by the successful US PACE scheme, that was invented in California in 2008. The project will address several fundamental challenges to Energy Efficiency investment by (1) A Market-Based Approach: EuroPACE will deploy private capital as up-front financing to homeowners, i.e. reduce reliance on grants and subsidies, (2) De-Risking EE Investment: the long-term repayments obligation is tied to a property and not its owner. In turn, municipalities will be the conduit for the repayment via a special levy collected with the property tax bill, (3) Technical Assistance: decision-making processes for homeowners will be optimised by training energy service contractors. They will be held to account by a comprehensive consumer protection code, (4) Aggregation and Standardization: EuroPACE will design standard underwriting requirements and project performance guidelines to enable project aggregation and Green Bonds issuance. By 2025, the EuroPACE industry will generate measurable impact in the three key areas: (1) Economy: over 45.000 jobs and €5bn of capital in local economies across the EU27, (2) Society: over 300.000 homes retrofitted and improved, and (3) Environment: energy saving of 3.5MWh/year, equating to CO2 savings totalling 1.8m tons. EuroPACE will account for just 4.6% of the European renovation industry by 2015 giving way to huge growth potential. This will be achieved by a well-resourced and highly skilled consortium that will focus its efforts on three pillars of activity: (1) Conduct a market review to assess on-tax financing suitability in EU27, (2) Develop and execute a first EuroPACE pilot in the city of Olot (Spain) and (3) Develop generalised Guidelines and a Toolkit that will make EuroPACE fully scalable. Over 75 signed Letters of Support confirm a broad support platform for the project.

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

The RIPEET project will support Responsible Research and Innovation (RRI) policy experimentations for energy transition in three European territories - in Extremadura (ES), Highlands and Islands of Scotland (UK) and Ostrobothnia (FI). The methodology builds on RRI, transformative innovation, transition management and the Multi-Level-Perspective. RIPEET brings together quintuple helix actors of the territorial socio-technical energy regime in Transition Labs in order to envisage and implement a place-based energy transition process. Building on this evolutionary model of socio-technical transitions, RIPEET will use existing landscape and regime-level pressures to facilitate the development of territorial socio-technical futures based on RRI actions. The governance and agency in this transformative process will be organised within the Transition Labs. These Labs will bring together stakeholders to co-create common visions based on the potentials and priorities of territorial eco-systems (mapping and visioning), generate transition pathways and innovation needs, launching a call for immediate bottom-up solutions to these (pathways and piloting) and anchor the process on organisational as well as policy level (sustainability and exploitation). The framework conditions, processes, and outcomes of these experiments will be mapped, monitored, and evaluated. This constitutes an evidence-base for the revision of sectoral policies, strategies and research and innovation (R&I) instruments as well as for establishing a European RIPEET community. Thereby, RIPEET will support territories in establishing experimental spaces to address the territorial dimensions of the European Green Deal. The consortium consists of 11 renowned and EU-FP-experienced universities, research organisations, SMEs, CSOs, business and innovation centres and regional authorities from seven European countries, with the competences and territorial anchoring necessary to implement the approach.

HousEEnvest aims to demonstrate the viability of the financing scheme, defined for the full energy renovation of multifamily houses in Extremadura, which will count on a combination of innovative tools for standardization, pooling, bundling and de-risking. This investment financing scheme focuses on a regional market with investment higher than 35 M€. HousEEnvest is the result of 2 years of work between key institutions of Extremadura region from the energy, economic and building sectors, combined with international resources coming from IEB and EU cooperation programmes, which have allowed designing one financing scheme made to measure of Extremadura building renovation necessities. HousEEnvest will have results in Energy renovation of multifamily building, and introduce EU added value through the combination of several proved innovations, which are applied and customized for the multifamily buildings with central heating. Will develop a Innovative financing scheme, implementing a Guarantees Fund created with public ESIF, moving from non-reimbursable grants into FI, and it is leveraged with EFSI and finally with private contribution (biggest part). HousEEnvest aims to be a showcase in the unlocking of investment through pooling, when supported by a proper Fund scheme, which can be applied and replicated in other geographies and even other sectors.