EEFIG launches toolkit on Value and Risk
EEFIG - an expert group set-up by the European Commission and United Nations Environment Programme Finance Initiative in 2014, launches a new toolkit
The Energy Efficiency Financial Institutions Group (EEFIG), an expert group set-up by the European Commission and United Nations Environment Programme Finance Initiative in 2014, launches a new toolkit - The EFFIG underwriting Toolkit.
This Toolkit is designed to assist financial institutions to scale up their deployment of capital into energy efficiency. It was compiled with several objectives in mind:
- to help originators, analysts and risk departments within financial institutions better understand the nature of energy efficiency investments and therefore better evaluate both their value and the risks.
- to provide a common framework for evaluating energy efficiency investments and analysing the risks that will allow training and capacity building around standardised processes and understanding.
- to help developers and owners seeking to attract external capital to energy efficiency projects to develop projects in a way that better addresses the needs of financial institutions.
- to foster a common language between project developers, project owners and financial institutions.
Get access to the toolkit here: http://valueandrisk.eefig.eu
Earlier this year, EFFIG published the De-risking Energy Efficiency Platform (DEEP), the largest pan-EU, open-source evidence-base containing over 7800 industrial and buildings-related energy efficiency projects from 25 data providers including large companies, public banks, private investment funds, financial institutions and ESCOs.
DEEP provides factsheets and case studies of financial institutions deploying capital into energy efficiency. The platform welcomes data contributions!