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Search for new ways of financing energy efficiency measures

The WWF environmental foundation and the German Energy Efficiency Business Initiative (DENEFF) are officially launching the Energy Efficiency Finance Forum (effin) in Berlin today. Financiers and investors, specialized technology providers and potential customers meet at the forum. With effin you get a creative test laboratory to analyze and evaluate the chances and potential of new financing products for energy efficiency. The participants are supported by a competent consortium of consultants. The effin forum is funded by the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety as part of the National Climate Protection Initiative.

New business models for investors

According to the analysis by WWF and DENEFF, new financing models can emerge through intensive exchange between finance, real estate and energy efficiency experts. Energy efficiency expert from WWF Germany Tobias Krug:

“The annual capital requirement to achieve the energy transition goals in the building sector is around 33 billion euros. This is twice the average market volume in recent years. This offers enormous opportunities for banks, financiers and investors. Those who know exactly what their partners need in the energy efficiency market can tap into new business potential and at the same time advance the energy transition.”

Martin Bornholdt, Managing Director of the German Energy Efficiency Initiative (DENEFF), adds:

“Energy efficiency is an exciting but little-explored area of ​​investment. For example, why are there no energy saving contracts or special funds for sustainable real estate? How can cooperation between banks and energy consultants be improved? One approach by effin will be, for example, to bring the local bank or savings bank together with homeowners and efficiency providers such as energy consultants or insulation material manufacturers. In the case of commercial real estate projects, for example, we will talk about risk profiles, assessment criteria and alternative forms of financing.”

State funding alone is not enough

The effin consortium of consultants includes the strategy consultancy The CO-FIRM, which specializes in energy efficiency, the Stuttgart University of Applied Sciences and the legal consultancy CMS Hasche Sigle. The content of the analyzes can be actively shaped by the project participants and is initially exclusively available to them. The results should serve the participants as a well-founded decision-making aid for the evaluation of investments in energy efficiency and prepare the ground for targeted market partnerships.

The background to the initiative of the WWF and DENEFF is the realization that the energy transition goals in the area of ​​building energy efficiency cannot be achieved through state funding alone. According to the WWF study “Modell Deutschland” (Prognos/Öko-Institut), private households will have to invest an additional 18 billion euros per year by 2050. The amount corresponds to more than twice the previous annual investments. For comparison: between 2010 and 2012, the total investment in energy-efficient building refurbishment was around 14.7 billion euros per year (Prognos, KfW Bankengruppe).

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