Results of the FINERPOL project show that financial instruments are a versatile alternative to grants that could help mobilise all sectors and contribute to the post-COVID economic recovery. During the project, the partners looked into the market failures and funding gaps in their regions. In Extremadura, specific financial products were not available for renovation of buildings. Demand of renovation was low and refurbishment projects were expensive. Drawing from the good practices of other regions, Extremadura is now establishing a portfolio guarantee fund for wide-scale residential building renovation. The fund will mobilize 30M EUR with a guarantee of 5M EUR from the ERDF. And this is just one of the examples, additional ones will be discussed during #europecooperates - don't miss the live session on 9 June to hear more! In the meantime, check out the FINERPOL project: https://www.interregeurope.eu/finerpol/