This document discusses the need for standardization in the energy efficiency sector to increase investment. It outlines that a lack of standardization currently results in greater performance risk, uncertainty, higher transaction costs, and difficulties building capacity and aggregating projects. The document proposes an international framework called the International Credentialed Protocol (ICP) that would establish best practices, independent verification, and transparency to reduce owner and investor risk and costs. Projects that follow ICP standards would be considered "Investor Ready Energy Efficiency" and could access an investor network with over €4 billion for funding such qualified projects.

1. Standards and Practices:
Investor Ready Energy Efficiency
Dr. Steven Fawkes
G20 Energy Efficiency Forum
2nd May 2017.

3. Energy
efficiency
people
Finance people
Where we need to get to
Where we are

4. Build
capacity
Standardization
Develop
pipeline
Provide
finance

5. Standardization

6. Lack of standardization results in:
Greater performance risk
Uncertainty limiting demand
Higher transaction costs
Difficult to build capacity
Difficult to aggregate

7. An international framework for reducing owner and investor
risk, lowering due diligence costs, increasing certainty of
savings achievement and enabling aggregation.
Ensures transparency, consistency and trust-
worthiness through best practice and
independent verification.

8. Credentialed Project
Developer uses ICP Protocols
Independent Credentialed QA
certifies project as Investor
Ready Energy Efficiency
Investment
On-going performance
M&V

9. ICP Europe Ally Network

10. ICP Investor Network represents over €4 billion in
energy efficiency project capital. They are looking
for quality projects built to IREE™ standards and
some provide incentives for IREE projects.
ICP Investor Network

11. onlyelevenpercent.com
energyproltd.com
UK: +44 20 8938 3674 USA: +1 844 344 2106
Dr. Steven Fawkes
steven.fawkes@energyproltd.com
+44 7702 231995
@DrSteveFawkes
europe.eeperformance.org
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 649836.
The sole responsibility for the content of this presentation lies with the authors. It does not necessarily reflect the opinion of the European Union.
Neither the EASME nor the European Commission are responsible for any use that may be made of the information contained therein.