Many policies work best and most efficiently if combined into policy packages, reflecting national circumstances. The EPBD set focus on a holistic energy performance approach; if impacts are to be maximised, this requests many complementary policies to support the central EPBD articles. Such supporting policies concern, among others, finance and information.
An increased focus on finance has been set through the amending EPBD, Directive 2018/44/EU. This includes elements on international finance instruments and platforms, smart finance initiatives and development of finance to support long term goals for instance in national renovation strategies.
The Cross-Cutting Team 2 (CCT2) dedicated to “Finance and Information” is responsible for identifying and proposing key topics for discussion at the CA EPBD plenary meetings, and organising relevant work concerning mobilisation of finance for energy efficiency in buildings and the integration of complementary policies.
CCT2 leads work and reports progress on the following articles of the EPBD:
• Article 10 on Financial Measures.
• Article 20 on Information activities.
• Article 2a (3) related to smart finance.
It also reports progress on the collaboration with the European Development Bank.
CCT2 supports work on integration of Certification and Inspection schemes in EPBD articles 11 – 16, in a general and holistic policy package covering among others finance for all buildings and in particular in connection to fuel poverty.
The EPBD article 2a (3) emphasises Member States’ responsibilities in supporting the mobilisation of investments into renovation by facilitating access to appropriate mechanisms for:
a) the aggregation of projects, including by investment platforms or groups, and by consortia of small and medium-sized enterprises, to enable investor access as well as packaged solutions for potential clients;
b) the reduction of the perceived risk of energy efficiency operations for investors and the private sector;
c) the use of public funding to leverage additional private-sector investment or address specific market failures;
d) guiding investments into an energy efficient public building stock, in line with Eurostat guidance; and
e) accessible and transparent advisory tools, such as one-stop-shops for consumers and energy advisory services, on relevant energy efficiency renovations and financing instruments.
CCT2 will support discussion, share of knowledge and the development of the Smart Finance for Smart Buildings initiative, as well as initiatives for better use of public funding. Topics such as aggregation of projects, risk reduction and alleviation of fuel poverty will be handled in collaboration with other relevant CA EPBD Core Teams (CT3 and CT4).
Lead by Motiva Oy (Finland) – Päivi Laitila