Brussels, 8 February 2018 – For immediate release
Today, the Energy Efficient Mortgages Initiative is being presented at a Roundtable on Sustainable Finance & Energy Efficiency in Singapore in collaboration with the National University of Singapore’s School of Design and Environment. Attended by Singaporean, European and Asian representatives from a wide range of sectors, the Roundtable is a strong sign of the growing global interest in energy efficiency financing.
Today’s roundtable is a standout event in a series of global meetings of the covered bond community in Singapore with issuers and investors from all over the globe in attendance to promote the Capital Markets Union to Asian investors. It therefore provides a perfect opportunity to bring together relevant stakeholders to discuss the state of play of energy efficiency and its financing across the two continents and exchange information and best practice on the ways in which financial actors can play a leading role in this market. In this context, the Energy Efficient Mortgage Initiative will be showcased as an example of how the mortgage sector can take the lead in scaling-up private investment in building energy performance.
Singapore is also a perfect location for the fourth in a series of Energy Efficient Mortgage Initiative Roundtables, since Singapore has declared 2018 as a Year of Climate Action following the United Nations Climate Change Conference (COP23) and has pledged to reduce its carbon emission, with energy efficiency being one of the key components identified to reach the targets.
Luca Bertalot, EeMAP Coordinator & EMF-ECBC Secretary General, said: “The interest expressed by the Singapore community in organising and participating in this Roundtable is a testament to the fact that the Energy Efficient Mortgages Initiative is going global. We’re excited about the opportunity to present the Initiative to a global audience and describe European efforts to support the transition to a low-carbon, more resource-efficient and sustainable economy by way of the Capital Markets Union and a specific focus on sustainable finance.”
Notes to Editors
The final Energy Efficient Mortgage framework will be formally presented on 14 June 2018 at an Energy Efficient Mortgages Stakeholder Event in Windsor, UK. This event will also mark the official start of the EeMAP Pilot Phase.
The Energy Efficient Mortgages Initiative consists of two EU funded projects:
Copyright © Energy Efficient Mortgages Initiative
The EeMAP, EeDaPP, EeMMIP projects have received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 746205, No. 784979 and No. 894117 respectively.
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