A New Fund For Energy Efficiency Investment? (Free Seminar)
A new fund for Energy Efficiency Investment?
Free Seminar: Nov 4th, London. 12 noon start
- Investing in energy efficiency in buildings is vital to meet climate change targets
- In a climate of austerity, alternative forms of finance are essential
- There have been some great examples, but what of the future post-Green Deal and post-Brexit?
- This seminar is an opportunity to shape the debate and join a stakeholder-led initiative to look for alternatives.
This half- day Seminar will feature lessons learned from the London Energy Efficiency Fund, which has successfully delivered over £65m of investment into both residential and public buildings since its launch in 2011. The programme is targeted at a broad audience including public and private sector property management companies, low carbon policy specialists, social landlords, community energy organisations, ESCOS (Energy Service Companies), social investors, financial intermediaries, energy consultants and more.
A panel and audience discussion will examine the case for a new energy efficiency investment fund in England, taking account of the post-Green Deal, post-Brexit investment landscape and policy and market priorities. Furthermore, there will be the opportunity for delegates to contribute to or to follow this initiative as we develop it over the coming 18 months.
The FINERPOL project
The Financial Instruments for Energy Renovation Policies (FINERPOL) Project aims to increase the rate of refurbishment of buildings to increase their energy efficiency, by improving access to investment finance. It is supported by European Regional Development Funding provided through the Interreg Europe Programme.
Buildings account for 40% of energy use and 36% of CO2 emissions in the European Union with older buildings being up to 20 times less energy efficient than new builds. Currently about 35% of EU buildings are over 50 years old (more info here). Increasing investment in energy efficiency and renewable energy for buildings is a major challenge to meet European Union and UK targets to reduce carbon emissions. However, austerity measures and a more risk-averse investment climate have slowed the rate of investment considerably.
For more information about FINERPOL, visit our webpage
Registration will be open until the 24th of October 2016.
FINERPOL Project Interregional Meeting: England
12.00 Arrival and registration, RICS, 12 Great George Street, London (Venue for the Interregional Meeting). Sandwich Lunch
12:45 Welcome and Introduction to FINERPOL - Alex Midlen, Plymouth City Council
13:00 Ministerial Address: Minister invited
13:15 Greater London Authority support for Low Carbon Infrastructure
Kenroy Quellennec-Reid, Greater London Authority
13:35 The role of a financial intermediary in delivering energy efficiency investments.
Alex Gilbert - Amber Infrastructure
13:55 RE:NEW and RE:FIT initiatives: Bringing energy efficiency projects to investment ready status. Kore Mason/Virginie Caujolle-Pradenc, Greater London Authority
14:15 Lessons from Green Deal and how do we make pay-as-you-save Investment Funds work?
Ian Hutchcroft, Energy Saving Trust and Energiesprong UK.
14:35 Refreshment Break
15:00 Panel and audience debate: What is the future for pay-as-you-save energy efficiency Investment Funds in England?
16:00 Summary and next steps - Alex Midlen, Plymouth City Council
16:15 Close of meeting