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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.

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

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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