Launch of Roundbaltic
The RoundBaltic project aims to serve a vehicle for the promotion of Smart Finance for Smart Buildings in the Baltic Region with focus on Poland, Latvia and Denmark by helping to improve the investment framework and catalysing specific financing initiatives on the ground.
RoundBaltic bring together representatives of the financial and energy efficiency sectors at roundtables to discuss and find solutions to the challenge of energy efficiency finance. Key focus areas are how to ensure an investment friendly framework along designing of financing instruments in accordance with the EU financial pillars more effective use of public funds, aggregation and project development assistance and de-risking.
In dialogue with the stakeholders the intention is to foster ideas and recommendations for specific actions to bring investment momentum. The implementation of these actions will go along efforts to improve the investment framework, adopting tools for market development and learning of the performed activities for future actions across the region. This effort will link to the Sustainable Energy Investment Forums initiative of supporting investment momentum in the EU.
The RoundBaltic project started 1st September 2020 with a three year period and has in its mobilisation undertaken a diagnosis of the situation in each target country, followed by a plan on how to handle the project intervention. From March 2021, the first national roundtables will be organised to set the scene for the stakeholder interaction and after will follow regional roundtables as forums for turning ideas and recommendations into enabling actions
An EU initiative working with national stakeholders to boost large-scale investment and financing for sustainable energy.