The document discusses an energy efficiency market in France and a programme called ELENA-KfW-BPCE that aims to simplify funding for building thermal renovations on a local level. It provides details on the market potential, current complex funding landscape, and challenges. The programme coordinates technical and financial approaches through partnership agreements between local banks and communities. It offers dedicated loans, guarantee funds, and energy certificates to fund renovations and has received EU approval. Initial trial projects between banks and communities are underway to test different applications of the programme.
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
On November 19th, 2020 from 11 am to 13.30 pm Riga time (GMT+2) we are holding the first discussion round - Financing renovation project: stakeholders, decision-making process, project management, and documentation.
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship process on exchanging experiences and sharing competencies on Energy Efficiency.
Financing renovation project: mapping roles and responsibilities discussion PL
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
On November 19th, 2020 from 11 am to 13.30 pm Riga time (GMT+2) we are holding the first discussion round - Financing renovation project: stakeholders, decision-making process, project management, and documentation.
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship process on exchanging experiences and sharing competencies on Energy Efficiency.
Financing renovation project: mapping roles and responsibilities discussion LT
Junona Bumelyte, European Investment Bank Fond Officer
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship
Unlocking Capital for Land Use and Conservation Projects: the Business Case f...CIFOR-ICRAF
This presentation by The European Investment Bank's James Ranaivoson was given at a session titled "Unlocking Capital for Land Use and Conservation Projects: the Business Case for Investing" at the Global Landscapes Forum: The Investment Case on June 10, 2015. For more, please visit http://www.landscapes.org/london/
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
On November 19th, 2020 from 11 am to 13.30 pm Riga time (GMT+2) we are holding the first discussion round - Financing renovation project: stakeholders, decision-making process, project management, and documentation.
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship process on exchanging experiences and sharing competencies on Energy Efficiency.
Financing renovation project: mapping roles and responsibilities discussion GER
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
On November 19th, 2020 from 11 am to 13.30 pm Riga time (GMT+2) we are holding the first discussion round - Financing renovation project: stakeholders, decision-making process, project management, and documentation.
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship process on exchanging experiences and sharing competencies on Energy Efficiency.
Financing renovation project: mapping roles and responsibilities discussion FIN
Annelii Ausmees, Kredex Project Manager of external assistant
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
On November 19th, 2020 from 11 am to 13.30 pm Riga time (GMT+2) we are holding the first discussion round - Financing renovation project: stakeholders, decision-making process, project management, and documentation.
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship process on exchanging experiences and sharing competencies on Energy Efficiency.
Financing renovation project: mapping roles and responsibilities discussion PL
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
On November 19th, 2020 from 11 am to 13.30 pm Riga time (GMT+2) we are holding the first discussion round - Financing renovation project: stakeholders, decision-making process, project management, and documentation.
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship process on exchanging experiences and sharing competencies on Energy Efficiency.
Financing renovation project: mapping roles and responsibilities discussion LT
Junona Bumelyte, European Investment Bank Fond Officer
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship
Unlocking Capital for Land Use and Conservation Projects: the Business Case f...CIFOR-ICRAF
This presentation by The European Investment Bank's James Ranaivoson was given at a session titled "Unlocking Capital for Land Use and Conservation Projects: the Business Case for Investing" at the Global Landscapes Forum: The Investment Case on June 10, 2015. For more, please visit http://www.landscapes.org/london/
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
On November 19th, 2020 from 11 am to 13.30 pm Riga time (GMT+2) we are holding the first discussion round - Financing renovation project: stakeholders, decision-making process, project management, and documentation.
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship process on exchanging experiences and sharing competencies on Energy Efficiency.
Financing renovation project: mapping roles and responsibilities discussion GER
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
On November 19th, 2020 from 11 am to 13.30 pm Riga time (GMT+2) we are holding the first discussion round - Financing renovation project: stakeholders, decision-making process, project management, and documentation.
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship process on exchanging experiences and sharing competencies on Energy Efficiency.
Financing renovation project: mapping roles and responsibilities discussion FIN
Annelii Ausmees, Kredex Project Manager of external assistant
Ministry of Economics of Latvia, as EU SBSR Policy Area ‘Energy’ coordinator, is organizing a series of online discussions on the topic "Financing renovation project: mapping roles and responsibilities".
In cooperation with the Swedish Institute, we have already established a strong network of experts in the field of energy efficiency by successfully establishing a Baltic Leadership Programme on Energy Efficiency.
With the new series of discussions, we aim to discuss associated funding structures, project implementation, execution, main obstacles, and how to overcome them. The ultimate aim is to continue building a macroregional flagship
Financing of deep 'REnnovates' retrofit of residential buildings: a banker's perspective.
How does a banker look at the financing of deep retrofit of residential buildings? Is there a bankable business case? Are the 'energy savings' and other values enough to justify the finance investment? Under which conditions could this be a profitable investment for third party investors?
We explain how our 'REnnovates' business modelling tool describes the necessary conditions to come to a bankable investment pilot.
Croatia’s experience in improving access to finance for green SMEsOECDglobal
Regional Policy Dialogue Meeting “SMEs in a Green Economy”, 09 March 2018, Paris
Session 3, "Croatia’s experience in improving access to finance for green SMEs", Dubravko Ponoš, Director, ENERGY EFFICIENCY AND ENVIRONMENTAL PROTECTION FUND
Croatia
Article 14 of Directive 2012/27/EU: “Promotion of efficiency in heating and c...Leonardo ENERGY
European countries are currently facing complex energy challenges including major external energy dependence or an increasing concern about climate change. The Conclusions of the European Council in 2007 and 2011 established a need for reaching at least a total 20% of savings in the European primary energy consumption by 2020 (2007 baseline).
In order to meet this challenge, the European Union published in 2012 the Energy Efficiency Directive 2012/27/EU (EED), which has established a common framework to promote concrete actions related to energy efficiency in the European market.
Within the EED, the Article 14 stands out for promoting the energy efficiency through the use of CHP (combined heat and power), district heating and cooling and by recovering industrial waste heat.
Financing of deep 'REnnovates' retrofit of residential buildings: a banker's perspective.
How does a banker look at the financing of deep retrofit of residential buildings? Is there a bankable business case? Are the 'energy savings' and other values enough to justify the finance investment? Under which conditions could this be a profitable investment for third party investors?
We explain how our 'REnnovates' business modelling tool describes the necessary conditions to come to a bankable investment pilot.
Croatia’s experience in improving access to finance for green SMEsOECDglobal
Regional Policy Dialogue Meeting “SMEs in a Green Economy”, 09 March 2018, Paris
Session 3, "Croatia’s experience in improving access to finance for green SMEs", Dubravko Ponoš, Director, ENERGY EFFICIENCY AND ENVIRONMENTAL PROTECTION FUND
Croatia
Article 14 of Directive 2012/27/EU: “Promotion of efficiency in heating and c...Leonardo ENERGY
European countries are currently facing complex energy challenges including major external energy dependence or an increasing concern about climate change. The Conclusions of the European Council in 2007 and 2011 established a need for reaching at least a total 20% of savings in the European primary energy consumption by 2020 (2007 baseline).
In order to meet this challenge, the European Union published in 2012 the Energy Efficiency Directive 2012/27/EU (EED), which has established a common framework to promote concrete actions related to energy efficiency in the European market.
Within the EED, the Article 14 stands out for promoting the energy efficiency through the use of CHP (combined heat and power), district heating and cooling and by recovering industrial waste heat.
Presentations delivered at the "Financing Energy Efficiency - Green Mortgages" Workshop in Dublin, Ireland on 24th April 2018.
The workshop was organised by the Irish Green Building Council (IGBC) as part of the H2020 funded EeMAP project (http://energyefficientmortgages.eu).
The objective of the workshop was to provide feedback on the Energy Efficient Mortgage Draft Proposal and to discuss how this could be implemented in Ireland.
Summary of Intelligent Energy Europe (IEE) project-SMILEGOV
The IEE funded project Smarter Multi Level Governance (SMILEGOV) is examining the major barriers to creating a low carbon society on islands. It is bringing together the various stakeholders and the multilevels of governance required to achieve the EU target of 20% reduction in Carbon and 20% increase in renewable energies by the year 2020, ie less than 6 years from now. The crux of the project is to engage all stakeholders including islanders to agree to the Pact of Islands. The pact asks for commitment to examine and agree an island energy action plan within 12 months of signing the document.
Using the Pan European Island programme SMILEGOV, we are working with other islands as per the Pact of Islands. To date, Arainn Mhor is creating a story board, a platform to collaborate, creating a model that others can emulate by working together.
25 січня 2022 року Держенергоефективності за підтримки ПРООН провело круглий стіл, присвячений питанню гарантій походження енергії.
«Механізм видачі Гарантій походження “зеленої” енергії є одним з найбільш перспективних механізмів стимулювання як споживання, так і виробництва чистої енергії. Своєю чергою, цей механізм має ефективно стимулювати процес загальної декарбонізації економіки України, а значить - і посилення її конкурентоспроможності, перспективи розвитку в умовах глобальної “зеленої” трансформації. Вочевидь цілком логічним є створення єдиного механізму видачі гарантії походження всіх видів «зеленої» енергії», - наголосив Голова Держенергоефективності Валерій Безус, відкриваючи круглий стіл.
Важливим аспектом також є те, що на вимогу Директиви RED II гарантії походження мають відповідати європейському стандарту CEN 16325. Орган, який буде видавати ці гарантії, має бути незалежний від виробництва, торгівлі та постачання енергії.
Наміри України у створенні механізму видачі гарантій походження підтримує Енергетичне Співтовариство. Це одне з вагомих завдань у напрямку стимулювання “зеленої” трансформації та декарбонізації, особливо у 2022 році, коли Україна головує в Енергетичному Співтоваристві. Про це повідомила експерт Секретаріату Наїда Тасо.
Саме з цих причин, Держенергоефективності із партнерами опрацьовує шляхи створення механізму видачі гарантії походження енергії.
В рамках круглого столу було представлено дорожню карту розробки та імплементації механізму видачі гарантій походження енергії.
Деталі: https://saee.gov.ua/uk/news/4096
Prezentacija gradonačelnika Beograda Siniše Malog na godišnjem JPP Samitu - N...NALED Serbia
Prezentacija gradonačelnika Beograda Siniše Malog na godišnjem JPP Samitu - NALED, Ekonomsko odeljenje Francuske Ambasade u Srbiji i Privredna Komora Srbije
http://www.naled-serbia.org/sr/news/details/876/Francuska-pomaze-Srbiji-da-razvija-JPP-projekte
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
2. Energy efficiency market
Market potential
A market with strategic growth potential at country level...
Market driven by national political goals: Government aims for 500,000 housing renovations
each year from 2013 to achieve a housing energy use reduction of at least 38% by 2020.
Market driven by local commitments: the regional climate and energy plan (PCET) and regional
climate, air and energy plan (SRCAE)
Increasing household demand due to rising energy bills: becomes the primary reason for
renovation works (ADEME study)
BPCE/GO Conseil estimate: a market valued at €14 billion/year, i.e. €5.6 billion/year of
funding.
In 2013: €680 million of Eco-PTZ (zero-rate eco-loan)
... but a market considered too complicated
ELENA-10/02/2014 KfW-BPCE Program 2
3. Energy efficiency market
Current organisation
Complexity through non-coordination of technical and financial approaches
Awareness-raising
/ information
Works solution
Funding
State / local
authorities /
Companies
Construction
professionals /
Espaces Info
Energie
Banks
ELENA-10/02/2014 KfW-BPCE Program 3
4. Funding of energy efficiency
Current state of affairs
Financial complexity between taxation and funding
Individual
Eco-PTZ loan
LDD Prevair
loan
Regional Eco-
PTZ loan
What funding is there for my thermal
Local
authorities
individual
CEE Aid
renovation project?
Special works fund of the
homeowners' association
Eco-PTZ
copro
VAT 5.5%
ANAH
collective
CIDD ADEME
Local
authorities
ELENA-10/02/2014 KfW-BPCE Program 4
5. Funding of energy efficiency
Current state of affairs
A market impeded by a few stumbling blocks... which are essential!
DIFFICULTIES
•Lack of dedicated and inexpensive cash
•Piling up of green loan offers
•Heightened risk on certain targets (precarious,
condominiums)
•Variable climate/energy objectives
•Failure to take advantage of energy savings
•Untrained craftsmen
•Fewer courses of action for authorities
SOLUTIONS
•Refinancing from KfW
•Single point of contact and loan application
form
•Guarantee fund
•Social and technical aims of the local
authorities
•Recovery of the energy efficiency certificates
(CEE) by the authority
•Coordination and management of local players
by the authority
Challenge: simplifying market access through innovative coordination
ELENA-10/02/2014 KfW-BPCE Program 5
6. ELENA-KfW-Program
The aim of the programme is to arrange funding for the thermal
renovation of buildings on a local level.
3 target audiences: private individuals, SMEs, properties in private
co-ownership
3 tools: dedicated savings account, guarantee funds, CEE [energy
saving certificates]
It is based on:
European Commission recognition of the financing tools used
(29/03/12), giving access to ELENA grants
The signing of a funding agreement between KfW and BPCE on
26/10/12 providing access to dedicated liquidity at a favourable rate
The signing of partnership agreements between local communities
wishing to fund projects under their PCET (territorial climate energy
plan) and trial branches of the Banque Populaire and the Caisse
d’Epargne. Local communities agree to structure this market within
their area, and local banks agree to facilitate funding and apply
‘reasonable’ margins
ELENA-10/02/2014 KfW-BPCE Program 6
7. 2. Functioning of KFW-ELENA
Organisation
Simplification and coordination of technical and financial approaches
Partnership agreement
Unified information /
awareness-raising
1 Works solution
compatible with eco-loans
Qualified project:
analysis of the
borrower
decreased charges +
generation of energy
efficiency certificates
(CEE)
ELENA grant
support for
organising the
market and
developing banking
products
Financing from KfW
Cash / equipment
ELENA-10/02/2014 KfW-BPCE Program 7
8. Trial banks and communities, progress report
Bank Community/
Communities
Partnership
agreement
Request for
ELENA grant
Provisional
amount of
investment
Funding
commenced?
BPAlpes Pays
Voironnais
Tripartite with
ADEME
Approved,
€117,277
€3M Yes for co-owned
properties
BPLC Lorraine
region
Signed on
22/02/13
Approved
€767,340
€30M No
CEBPL Brittany
region, Pays
de St Brieuc
Signed on
12/07/13
Approved,
€200 ,000
€2.2M
(partial)
Yes
CEBFC Franche
Comté region
Signed on
04/04/14
Approved,
€804 ,240
€60M No
BPCE made the first payment of €8m to KfW in December 2013
ELENA-10/02/2014 KfW-BPCE Program 8
9. ELENA-10/02/2014 KfW-BPCE Program 9
Outlook
The French debate on financing the thermal renovation of buildings in general is
focusing on the model trialled in the KfW-ELENA-BPCE programme. This
programme, and the BP Alpes project and its CEE-backed guarantee fund in
particular, have been cited in a number of reports.
Communities of all sizes and types are very interested in adopting this
programme.
These 4 trial projects offer 4 relatively different ways of applying the programme.
The n+2 report will identify the strengths and weaknesses of each project and
will allow the other Caisses d'Epargne, Banques Populaires and communities to
roll it out more quickly and efficiently.
