04 Mar FINERPOL Project is over …
Finerpol project is over / the main result of it is that many people in Western Macedonia that are involved in the energy efficiency sector raised their capacity building of using Financial Instruments …
The University of Western Macedonia was the partner that we worked together that can be strongly involved to leverage funds in the upcoming years of the post lignite era …
What has this project tried to change?
Buildings account for 40% of energy use and 36% of CO2 emissions in the European Union. Currently, about 35% of the EU’s buildings are over 50 years old, and by improving their energy efficiency we could reduce total EU energy consumption by 5-6% and lower CO2 emissions by about 5%.
Increasing investment in energy efficiency and renewable energy for buildings is a major challenge, requiring substantial up-front investments (estimated at €38 billion during 2011-30).
The European Union provides support for the creation of funding instruments, especially Financial Instruments (FIs) supported by ERDF funds and integrated with EC funding initiatives, such as EFSI (Juncker Plan 06/2015), tools from the European Investment Bank EIB (ELENA, Margarite Funds) or from public and private partnerships.
Watch the video:
Project’s official page:
https://www.interregeurope.eu/finerpol/
