The Financial Instruments for Energy Renovation Policies (FINERPOL) Project aims to increase the rate of refurbishment of buildings to increase their energy efficiency, by improving access to investment finance.It is supported by European Regional Development Funding provided through the Interreg Europe Programme.

Buildings account for 40% of energy use and 36% of CO2 emissions in the European Union with older buildings being up to 20 times less energy efficient than new builds. Currently about 35% of EU buildings are over 50 years old. Increasing investment in energy efficiency and renewable energy for buildings is a major challenge to meet European Union and Greece targets to reduce carbon emissions. However, austerity measures and a more risk-averse investment climate have slowed the rate of investment considerably.

FINERPOL partners aim to develop regional Action Plans to overcome these barriers, making use of EU funds, and national and other sources as appropriate, to attract investment finance from a range of sources for energy efficiency renovations. For more information about FINERPOL, visit our webpage .

In 6th of May 2017, just two days after the fifth Interregional Event that was held in Kozani (Greece), the Western Macedonia University of Applied Sciences (TEIWM) was invited to present the FINERPOL project and relative good practices at the 4th International ASHRAE Conference “Energy in Buildings – Northern Hellas 2017” ( ). 

The conference included presentations by companies, research institutes, ASHRAE officers, EU-project consultants, all from the energy efficiency in buildings field:                                                                                    -  The President of ASHRAE, Timothy Wentz,  

      - Dr Costas Balaras from the National Observatory of Athens,                                                                    

      - Stavros Boultadakis, from Siemens SA, - Dr Pantelis Panagiotou, from the Bavarian Research Alliance (BAYFOR), etc.  

The conference was attended by more than 70 participants, with representation of different sectors: public administration, regional public administration, municipalities, financial institutions, research organizations, construction sectors, consulting companies, etc.

For more information please contact: [email protected]

Dr Tsiamitros, on belalf of the TEIWM team, delivered the speech with title: “Synergies of Financial Instruments for the Energy Refurbishment of the Public Buildings in the Grevena Prefecture” ( ), where the TEIWM activities were presented and a good practice from the FINERPOL project.