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SMARTER SIGNED

SMARTER Finance for Families–Improving Citizens’ Health, Comfort and Financial Well-Being by Supporting Banks, Residential Investors and Solution Providers with Green Homes and Green Mortgage programs

Total Cost €

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EC-Contrib. €

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Partnership

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 SMARTER project word cloud

Explore the words cloud of the SMARTER project. It provides you a very rough idea of what is the project "SMARTER" about.

private    collaborating    unlocking    collection    local    financial    profits    communicates    ongoing    investments    suboptimal    administration    budgets    smart    barriers    renovation    understand    industry    benefits    definition    building    bank    greenest    finance    risk    energy    platform    programs    citizens    mainstreaming    de    borrower    loan    expands    inhibits    sufficiently    data    plus    monthly    facilitates    public    systemic    mortgage    investment    nascent    risky    innovation    homes    stakeholders    eefig    performance    subject    suitably    successful    institutional    quality    harming    eemap    tools    home    critical    communication    properly    banks    developers    countries    credit    leveraged    construction    decisions    financing    solution    reduces    adapts    actual    efficiency    replicates    providers    brings    exemplary    championed    health    repair    green    fear    lower    borrowing    payment    12    request    guides    ownership    buildings    behavioral    markets    total    discounted    ec    advancing    choices    risking    smarter    aligning    cluster    purchases   

Project "SMARTER" data sheet

The following table provides information about the project.

Coordinator
ASOCIATIA ROMANIA GREEN BUILDING COUNCIL 

Organization address
address: STR ARGENTINA 43 SECTOR 1
city: BUCURESTI
postcode: 11277
website: n.a.

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 Romania [RO]
 Total cost 1˙618˙195 €
 EC max contribution 1˙618˙195 € (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 2019-05-15   to  2021-05-14

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ASOCIATIA ROMANIA GREEN BUILDING COUNCIL RO (BUCURESTI) coordinator 428˙781.00
2    DANMARKS TEKNISKE UNIVERSITET DK (KGS LYNGBY) participant 204˙053.00
3    IRISH GREEN BUILDING COUNCIL LIMITED BY GUARANTEE IE (DUBLIN 1) participant 123˙708.00
4    UNIVERSITE LIBRE DE BRUXELLES BE (BRUXELLES) participant 108˙968.00
5    TURKECO INSAAT ENERJI SANAYI VE TICARET LIMITED SIRKETI TR (ISTANBUL) participant 84˙312.00
6    ENERGOEPEKTUROBIS TSENTRI SAKARTVELO GE (TBILISI) participant 75˙500.00
7    FONDATSIYA TSENTAR ZA ENERGIYNA EFEKTIVNOST - ENEFEKT BG (SOFIA) participant 74˙900.00
8    POLSKIE STOWARZYSZENIE BUDOWNICTWA EKOLOGICZNEGO PL (GLIWICE) participant 62˙000.00
9    SLOVENSKA RADA PRE ZELENE BUDOVY SK (BRATISLAVA) participant 59˙682.00
10    CENTRE FOR RENEWABLE ENERGY SOURCES AND SAVING FONDATION EL (PIKERMI) participant 59˙593.00
11    CLOVEK V TISNI OPS CZ (PRAHA 2) participant 59˙000.00
12    CESKA RADA PRO SETRNE BUDOVY CZ (Prague) participant 58˙200.00
13    ASSOCIATION EUROPEAN-UKRAINIAN ENERGY AGENCY UA (KYIV) participant 54˙593.00
14    UDRUZENJE SAVJET ZA ZELENU GRADNJU BA (SARAJEVO) participant 44˙843.00
15    GREEN BUILDING COUNCIL ITALIA IT (ROVERETO) participant 43˙656.00
16    CRISCON SOCIETA' A RESPONSABILITA' LIMITATA SEMPLIFICATA IT (TRENTO) participant 42˙042.00
17    ENOVA D.O.O. SARAJEVO BA (SARAJEVO) participant 34˙357.00
18    CRISTOFORETTI SEBASTIANO IT (TRENTO) participant 0.00

Map

 Project objective

'Many citizens, particularly in nascent green building markets, make suboptimal decisions in the design and construction choices for renovation approaches and new home purchases due to a fear of bank financing. Borrowing sufficiently to bring forward necessary resources to build homes properly both reduces citizens’ “Total Cost of Monthly Ownership” (loan payment plus energy, health and repair costs) while unlocking a critical increase of construction budgets facilitating ownership of the greenest, high-quality homes. Financing Green Homes with the borrower subject to lower monthly operating costs is less risky to banks which provide discounted credit without harming profits. The SMARTER project effectively communicates the benefits of Green Homes to citizens and other key stakeholders to bring a systemic solution to a systemic problem that inhibits the financial industry to design and offer green finance products and the citizens to understand and request them. SMARTER replicates a successful “Green Homes and Green Mortgage” program to 12 new countries, addresses barriers and brings green innovation with relevant research and cluster formation, adapts essential tools for administration and communication, and effectively expands collection of actual energy and financial performance to improve risk analysis with local data. Public investment is leveraged and ambitious green EU targets are supported as banks, developers, and green solution providers all contribute budgets to increase private financing for building exemplary homes. The SMARTER “Green Homes Investment Platform” guides new programs to a suitably ambitious, common definition of green investments and facilitates institutional investment by collaborating with ongoing initiatives including EeMAP and EEFIG; aligning with EC objectives such as “Mainstreaming Energy Efficiency Finance” and advancing the Financial, Technical and Behavioral de-risking championed by “Smart Finance for Smart Buildings'.'

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

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