PROJECT DESCRIPTION
BACKGROUND
While efforts have been undertaken to achieve the EU’s climate targets in recent years as a result of a vast array of policy and market initiatives, substantial improvements are still required in order to meet the 1.5°c temperature limit of the Paris Agreement. Moreover, recent geopolitical, macroeconomic and environmental events indicate that much more progress is needed and urgently. DeliverEEM aims to respond to this challenge by further scaling up and accelerating the allocation of private finance to energy efficiency investment through an innovative, integrated Energy Efficient Mortgage (EEM) ecosystem, the foundations of which were laid down under the EU-funded Energy Efficient Mortgages Initiative (EEMI). Built around EEM (and consumer loan) products, the ecosystem is intended to deliver a seamless end-to-end customer journey, optimised market interventions and partnerships that can support results and maximise benefits for consumers. With a focus on de-risking EE investments, enhancing the articulation of ESG factors in property valuation, optimising financial operating models with a focus on ESG, coordinating an integrated renovation supply chain and putting consumers at the heart of the transition, DeliverEEM will provide tools, mechanisms, practices and blueprints which will address the remaining challenges associated with achieving accelerated EEM market development via best practices to be implemented by the entire industry and value chain. DeliverEEM will prioritise capacity-building and interaction amongst key value chain actors and ensure sustainability, exploitation and replication of Project results through market demonstration and outreach activities to policymakers and regulatory authorities, the consumer credit industry and a global audience.