Finance & EconomicsFinance & Economics
The European Green Deal Investment Plan is designed to attract at least one trillion euros of public and private investment over the next decade. Turning the EU into a climate neutral economy by 2050 will require massive investment in clean energy technologies. Only achieving an interim greenhouse gases reduction target of 40% by 2030 would require €260 billion of additional investment a year. About €300 billion worth of private and public investment is expected to be mobilised through InvestEU and ETS funds and another €100 billion should be attracted using the new Just Transition Mechanism. The funds investments should especially help those regions that are heavily dependent on fossil coal which still provides about a quarter of EU power generation. The coal sector in the EU employs 238,000 people in directly linked activities, such as coal mines and power plants, in more than 100 European regions from Poland to Spain. In 2015, there were 128 coal mines in 12 EU countries and 207 coal power plants in 21 EU countries.
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'A Massive Victory': BlackRock CEO Promises to Center Climate Change in Investment Strategy
Larry Fink, CEO of money management firm BlackRock, announced the company would prioritize the climate crisis in deciding on investments and strategies going forward. The new direction for BlackRock is the result of a hard-fought effort by a group of dedicated activists.
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All you need to know about Financing Energy Efficiency
Financing Energy Efficiency in Europe is like a map constantly updated by EEIP. It shows and links the different tools, networks and results delivered by the various projects and initiatives in Europe. For business: to identify the nuggets freely available helping your business.
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Best Practices to tackle an investor raise
Joule Assets Europe is working with project developers and investors. The upcoming LAUNCH lighting raise session offers project developers the opportunity to pitch to each other and provide feedback in front of a live audience. An opportunity to interact with the investors point of view.
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Blockchain will be the next GDPR
Internet of Things (IIoT), big data, blockchain, digital twin technology are all the building blocks of the evolving ecosystem. Potential applications of blockchain technologies could be: markets for certificates of origin, network management and security, electric vehicle charging and coordination.
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The European Investment Bank (EIB) revises energy lending criteria
The European Investment Bank will phase out support to energy projects reliant on fossil fuels. These projects will not be presented for approval to the EIB Board beyond the end of 2020. All the Banks activities in the energy sector will be fully aligned with the Paris.
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Sustainable finance: Simplicity liberates action!
Energy efficiency financing is one of the foundations of sustainable financing in the EU. TEG identified 67 activities for sustainable finance and emphasised the urgencies for investments that need speedy energy transition. The key objective is categorisation and simplification of financing and investment.
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EIC Accelerator Fund Investment Guidelines available!
The EIC Accelerator Fund is a breakthrough initiative of the European Commission. It is the first of its kind EU intervention in direct equity-type investments in combination with grants (blended finance) Investment Guidelines for Applicants detail the main guiding principles.
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ICP partners made it!
ICP Europe is tackling two of the main drivers for energy efficiency markets. Investor Ready Energy EfficiencyTM (IREE) certification scheme in local countries. ICP has trained more than 450 Project Developers and Quality Assurance Assessors across Europe on its.
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More than Ronaldo - How 5 innovative Portuguese companies drive energy efficiency
The ICP framework is a set of Protocols that define a clear roadmap for developing projects. Members of the ICP Project Developer and Quality Assurance network can apply the framework and receive an ICPs Investor Ready Energy Efficiency™ (IREE™).
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