Project description
A private energy efficiency retrofitting model for Sofia
Bulgaria is launching an ambitious initiative to transition from the existing multifamily buildings energy efficiency retrofitting model, which is based on public finance, to a market-oriented model. The EU-funded SHEERenov project will develop and demonstrate a model for the provision of integrated residential retrofitting services in the capital city of Sofia. The project will review obstacles and identify requirements to create the conditions to attract and support the participation of relevant market stakeholders and actors in the process of energy efficiency retrofitting in the residential field. It aims to contribute to a new system providing integrated home retrofitting services under high-level patterns and procedures. The system will provide homeowners one-stop-shop assistance by private businesses, a sustainable financial mechanism to facilitate loans access and appropriate municipal policies.
Objective
SHEERenov objective is to develop and test a model for the provision of integrated residential renovation services on the territory of Sofia in Bulgaria. The implementation of this project will support the Bulgarian Government's intended transition from the current multifamily buildings energy efficiency renovation model, financed fully from public resources and administered entirely by public institutions, to a market oriented model. Based on analysis of barriers and identified needs, enabling conditions will be created to attract and facilitate participation of relevant market stakeholders and players in the process of energy efficiency renovation in the residential sector: i.e.: homeowners, business, financial sector.
The project will contribute to the achievement of multi-dimensional impacts in terms of creating a new system to provide integrated home renovation services with highly standardized and optimized procedures: (1) A “one stop shop” assistance to homeowners, allocated at the private business and their alliances sustainably ensured for the future through regulations and capacity building activities; (2) A three components sustainable financial mechanism to facilitate loans access, conditional subsidy receipt and targeted support to insolvents; (3) Municipal policies regarding newly assigned roles in the process of residential buildings renovation.
The sustainability of SHEERenov results will be ensured through policy recommendations, communication, exploitation and dissemination activities and intended policy change regarding multifamily building renovation in Bulgaria.
Fields of science
Keywords
Programme(s)
Funding Scheme
CSA - Coordination and support actionCoordinator
1504 Sofia
Bulgaria
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.