report

Spanish energy efficiency financing report proposes “Aggregated Investments Model”

An interesting “Financing Energy Efficiency Retrofits in Buildings” discussion paper recently released in Madrid argues that a significant expansion of energy efficiency retrofits can be driven by a model that employs:

-       Standardized contracts adopted by a wide variety of loan originators, such as banks, utilities, ESCOs and other retail outlets.

-       A re-financing fund that agrees to buy loans using the standardized contract (thus driving adoption). The fund then taps the wholesale financing markets.

A history lesson for Green Banks

A discussion paper released today by the Climate Bonds Initiative reviews experiences with State infrastructure banks in Europe and the US. The paper says that there are a wide range of financial engineering options that a Green Infrastructure Bank could use to to leverage public funds to support an increased flow of private investment into clean energy and climate change mitigation projects.