Changing Finance, Financing Change

[Download Report from 18th April, Bucharest]

Bucharest, European Commission Representation in Romania

18th of April, 2016

Main Topic

Discuss issues of awareness, approaches, verification, and benefits of green finance initiatives with a particular emphasis on Green Mortgages.

Main Barrier to Be Addressed 

Financial & Economic was identified by our consultation core group as key barrier and key opportunity. All types of buildings will be

addressed: residential to continue and improve the existing renovation process, public buildings to set examples of best practices and commercial, which already

have achieved higher standards of energy efficiency and sustainable renovation. In overcoming this barrier, we will also build upon our most popular financial

initiative in recent years: Green Mortgages for green buildings.

Main Tools

Romanian Stakeholder Map ; Renowiki Database

Stakeholders 

National Energy Regulatory Authority – Department of Energy Efficiency; Parliament’s commissions representatives; Ministry of Environment; Ministry of

Regional Development; Ministry of Finance; Ministry of Public Consultation; Municipalities and Cities ; End users and home owners associations; Professional

associations of architects, engineers, energy auditors; Universities and research institutions; Banks and financial institutions, Investors, Developers, Green

Solution Providers Energy companies, ESCOs, Media, with the European Mortgage Federation as expert guest.

Areas to be Addressed 

National

Expected Results 

Awareness building among financial service professionals, risk underwriters, building evaluators, industry and government representatives about the approaches

and benefits of elevating the importance of green attributes when financing building projects.