PROJECT DESCRIPTION
BACKGROUND
WENexus - Delivering the water-energy nexus for energy efficiency is a project designed to tackle challenges faced in the water services sector, namely regarding its current energy inefficiency and the lack of energy innovation in water utilities’ infrastructure. The main goal of WENexus is to develop, deploy and standardise a set of innovative tools regarding financing engineering and investment mobilisation. These new tools should leverage a set of energy efficiency and renewable energy investments in water infrastructures, guaranteeing a high degree of replicability and transferability potential within the sector. WENexus in aligned with the goals of national plans and strategies such as the Plan for Energy and Climate 2030, the Portuguese Roadmap for Carbon Neutrality and the 2030 Agenda for Sustainable Development of the United Nations (the Sustainable Development Goals). In order to reach the goal abovementioned, WENexus defined the following set of specific objectives: 1. To mobilise private investment towards water infrastructure renovation with the development of innovative financial models for energy efficiency investment in water services infrastructures. 2. To work towards de-risking energy efficiency projects in water infrastructures. 3. To enhance the project dissemination, replicability and transferability at national and international levels, empowering the sustainable exploitation of its results.