![]() The Investor Confidence Project (ICP) Europe aims to unlock access to financing for the building renovation market by standardising how energy efficiency projects are developed and measured.
The ICP framework assembles best practices and existing technical standards into a set of protocols that define a clear roadmap for developing projects, determining savings estimates, and documenting and verifying results. Building owners, project developers, finance and energy service providers, insurers and local authorities and utilities all stand to gain from the ICP system as until now, limited actuarial-quality project data and industry fragmentation have discouraged investors from putting their cash in energy efficiency. By streamlining transactions and increasing the reliability of projected energy savings, ICP Europe intends to build a marketplace for standardised energy efficiency projects. Individual projects can then be aggregated and traded by institutional investors on secondary markets – just like mortgages or other asset-backed securities.
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The ICPEU and I3CP projects have received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 649836 and 754056. The sole responsibility for the content of this document lies with the authors. It does not necessarily reflect the opinion of the European Union. Neither the EASME nor the European Commission are responsible for any use that may be made of the information contained therein.
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