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CitizEE SIGNED

Scaling up Public Energy Efficiency Investments via Standardising Citizen Financing Schemes

Total Cost €

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EC-Contrib. €

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Partnership

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Project "CitizEE" data sheet

The following table provides information about the project.

Coordinator
WIRTSCHAFT UND INFRASTRUKTUR GMBH & CO PLANUNGS KG 

Organization address
address: SYLVENSTEINSTRASSE 2
city: MUENCHEN
postcode: 81369
website: www.wip-munich.de

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Germany [DE]
 Total cost 1˙498˙532 €
 EC max contribution 1˙498˙532 € (100%)
 Programme 1. H2020-EU.3.3.7. (Market uptake of energy innovation - building on Intelligent Energy Europe)
2. H2020-EU.3.3.1. (Reducing energy consumption and carbon foorpint by smart and sustainable use)
 Code Call H2020-LC-SC3-EE-2018
 Funding Scheme CSA
 Starting year 2019
 Duration (year-month-day) from 2019-05-01   to  2022-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    WIRTSCHAFT UND INFRASTRUKTUR GMBH & CO PLANUNGS KG DE (MUENCHEN) coordinator 311˙812.00
2    ENERGINVEST BE (Bruxelles) participant 281˙875.00
3    STIFTUNG UMWELTENERGIERECHT DE (WURZBURG) participant 193˙883.00
4    VLAAMS ENERGIEBEDRIJF BE (Brussel) participant 177˙286.00
5    EUROPEAN CROWDFUNDING NETWORK BE (BRUXELLES) participant 176˙875.00
6    POWER PARITY LDA PT (LISBOA) participant 149˙600.00
7    REGIONALNA ENERGETSKA AGENCIJA SJEVEROZAPADNE HRVATSKE HR (ZAGREB) participant 104˙875.00
8    PUBLIC INVESTMENT DEVELOPMENT AGENCY LT (VILNIUS) participant 102˙325.00

Map

 Project objective

The energy transition causes significant challenges in the building sector, which demand profound changes not only on the economic perspective, such as implementing innovative financial models to overcome financial barriers, but also fostering cooperation between all actors involved, paying particular attention to citizens and communities. It is essential to advance the business cases for energy efficiency measures and to increase support for respective projects, by standardising citizen financing in investment programs. There is therefore a need to consider the role of different actors (public authorities, financial institutions, project developers) and the interactions with innovative citizen models, particularly at the regional/national scale.

The main objective of CitizEE is to support European public authorities to scale up investments for energy efficiency in the building sector through attracting citizen private investments. By integrating tailored and widely adopted crowdfunding and cooperative financing schemes with adequate available or to be developed Public Financing Instruments (PFIs), CitizEE will enable to set up large-scale community energy efficiency programs while strengthening know-how of regional/national key stakeholders.

The ambition is to put in place a sound enabling legal, financial and operational environment to attract citizen private investments coupled with Public Financing Instruments (PFIs) aimed at: (i)mitigating performance & credit risks, (ii) closing financing gaps, (iii)enlarging citizen access financing, (iv) reducing transaction costs (v) enhancing capacity of local crowdfunding operators and cooperatives and (vi) stimulating the required investment towards higher renovation rates and thus a more efficient building stock.

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The information about "CITIZEE" are provided by the European Opendata Portal: CORDIS opendata.

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