Affordable and decent housing in the EU Céline TOUGERON Project Adviser, LIFE Clean Energy Transition and LIFE ClimateEuropean Climate, Infrastructure and Environment Executive Agency (CINEA)

1. Affordable and decent housing in the EU
06/07/2022
Céline TOUGERON
Project Adviser, LIFE Clean Energy Transition and LIFE Climate
European Climate, Infrastructure and Environment Executive Agency (CINEA)

2. H2020 Energy Efficiency…
LIFE Clean Energy Transition
• Break market barriers, change market and
regulatory fundamentals
• Improve governance and capacities/skills at all levels
• Mobilise investment and improve access to finance
• Innovative approaches to support directly the
uptake and implementation of EU legislation,
targets and initiatives, with real impact on the
ground
The
European
Green
Deal
Energy Efficiency First
Renovation Wave
(…)
Revision of targets
Finance the transition
Recovery Plans
Fit for 55
RepowerEU

3. LIFE CET: Increasing capacity, technical
assistance and trigger investments

4. Integrated Home Renovation Services
• Most residential buildings belong to
non-professional individuals
• Households will not “build capacity”: you
won’t renovate so many homes in a lifetime
• no lack of market participants
… but absence of coordination
… and diverging interests
• Start from homeowners’ point of view: what
is the customer journey of home renovation?
• Coordinate / combine / integrate the services
provided by private and public players

5. • One-Stop-Shop for private home owners and
their building managers, coordinated by the
City of Vienna, with public and private
partners
• Comprehensive participatory process,
involving all key stakeholders
• Development and thorough testing of new
“renovation packages” and “quality
renovation partners” platform, target of 100
mEUR renovation.
• Pilot phase in Oct 2020, steady funding from
City of Vienna since May 2021
RenoBooster / Hauskunft
The Smart Renovation Hub in Vienna, Austria
https://www.hauskunft-wien.at

6. • Address acute housing affordability
challenge in Europe
▪ Transform inefficient housing stock in
vulnerable districts
▪ Facilitate energy efficient behaviour
change and investments for energy poor
households
▪ Foster collaboration between key actors
(public authorities, social actors, NGOs,
utilities)
▪ Develop and identify best practices and
policy recommendations
▪ Knowledge sharing and local level
support via the Energy Poverty Advisory
Hub
Addressing energy poverty

7. ComAct
• Make impactful energy efficiency improvements in multi-
family apartment buildings affordable and manageable for
energy-poor communities in the CEE and former Soviet
Union republics (Bulgaria, Hungary, Lithuania, North
Macedonia and Ukraine)
• develop and/or adapt relevant financial schemes
• Empower and activate the communities of homeowners’
associations
• Develop and adapt financial tools and optimise technical
solutions that provide most favourable cost-benefit ratio
for the energy efficiency improvements
ComAct (comact-project.eu)
Community tailored actions for energy poverty mitigation

8. • Project Development Assistance: build technical, economic and legal expertise
needed to launch investments and to remove existing barriers
• Aggregate projects to reach critical size (through pooling, bundling)
• Mobilise private finance (incl. blending)
• Develop organisational innovations and minimise transaction costs
• Innovative financing solutions:
• Forfaiting fund (SUNSHINE, LV)
• On-tax financing (EuroPACE, ES)
• Bundling and blended funds (MARTE, IT; PRODESA, EL)
• Energy Performance Tenancy Agreement (LEMON, IT)
Innovative financing solutions – through technical
assistance

9. Guaranteed financing mechanism to renovate
public and private buildings
• Deep renovations of Public Buildings and Multi-Family
buildings using long term Energy Performance
Contracting
• First EPC contracts for municipalities in Latvia (SUNSHINE
and ACCELERATE SUNSHINE)
• LABEEF concept is replicated/adapted in PL, AT, BG, RO,
SK (FinEERGo-Dom project)

10. • Risk assessment tools and benchmarks to reduce perceived risk of Energy Efficiency
• Standardising Energy Efficiency investments / reducing underwriting costs
• Energy Efficiency as a service / insurance / guaranteed savings / financial product
• Integrating Energy Efficiency and Renewables in portfolio strategies of investors
• Developing taxonomy-compliant financial products for Energy Efficiency
Making energy efficiency more attractive to
financiers

11. • Initial assumption: energy efficient homes => increased value and lower risk of
mortgage default => reduced financial risk => improved capital treatment =>
potentially lower interest rates and higher loan amounts
• The European Mortgage Federation is working since 2016 to involve banks in
energy renovation of homes
• Horizon 2020 EeMAP, EeDaPP and EeMMIP projects:
https://energyefficientmortgages.eu/
Energy Efficient Mortgages Initiative

12. Sustainable Energy Investment Forums and
National Roundtable H2020 projects
• Facilitate dialogue between financial sector, public
authorities, energy services and other stakeholders
(large focus on buildings)
• Sustainable Energy Investment Forums | Energy
(europa.eu)
• Horizon 2020 Roundbaltic project in Denmark,
Poland and Latvia (national level, Vidzeme and
Kurzeme regions)

13. • Opened 17/05/2022, Deadline 16/11/2022
• EUR 98m available for grants, 18 topics
• 95% co-funding rate
• Detailled information online: Nearly EUR 100 million available for funding your
project ideas for the Clean Energy Transition (europa.eu)
• Apply electronically via the EC’s Funding & Tender opportunities portal
• Call text online: call-fiche_life-2022-cet_en.pdf (europa.eu)
LIFE CET Call 2022

14. Thank you! Any questions?
@cleanenergy_eu
https://cinea.ec.europa.eu/index_en