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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.

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

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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