Delivering the Energy Efficient Mortgages Ecosystem

Introduction

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.

Project Overview

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 this ecosystem were laid down under the EU-funded Energy Efficient Mortgages Initiative (EEMI).

Ecosystem Features

Built around EEM (and consumer loan) products, the ecosystem is intended to deliver:

• A seamless end-to-end customer journey
• Optimised market interventions
• Partnerships that can support results and maximise benefits for consumers

Focus Areas

With a focus on:

1. De-risking EE investments
2. Enhancing the articulation of ESG factors in property valuation
3. Optimising financial operating models with a focus on ESG
4. Coordinating an integrated renovation supply chain
5. 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.

Capacity Building and Outreach

DeliverEEM will prioritise capacity-building and interaction amongst key value chain actors. It will ensure sustainability, exploitation, and replication of project results through:

• Market demonstration
• Outreach activities to policymakers and regulatory authorities
• Engagement with the consumer credit industry and a global audience