High Impact Pledge

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GNE Finance commits to maximize social, environmental and economic impact

Programs invest in built environment renovation in European cities and regions

Financing tools need to deliver scale and respond to the needs of all Europeans by providing affordability, long-terms, ease of access, digital & fast approvals.

National, regional, and local governments play a key role in enabling and supporting home renovation programs.

Three Keys to Impact

The clean energy transition must maximize social, environmental, and economic impact.
The clean energy transition must be fair, comprehensive, and inclusive to bring benefits to all Europeans, cementing Europe’s leadership in fighting the climate change.
Home renovation is not just private business but a public priority. Cities, regions, and local public administrations should play a key role in enabling and supporting home upgrades.

Three Components of Impact Pledge

Work to achieve high impact renovation.
Contribute to the creation of resilient and vibrant communities that enjoy economic growth and healthy environment.
Work with public authorities to design & implement home renovation programs and provide affordable, people-centric financing.

Healthy Communities

GNE Finance programs foster environmentally and economically resilient, vibrant and healthy, communities

Global change starts at home

Each € invested in building renovations results in societal, economic and environmental benefits, including improvement of health, well-being, job creation, and climate change abatement.

Engaging people every step of the way

GNE’s holistic approach to stakeholder engagement involves: raising awareness, training and education for vulnerable workers, volunteer organizing and people-centric digital support.

Social, Environmental and Economic Impact

GNE Finance delivers value to European citizens, cities, regions, and investors and works with partners to project, measure and report social, environmental and economic impact

Social Impact

Home renovation results in improved health, wellbeing, and comfort while simultaneously decreasing national healthcare costs.
Home renovation can positively impact 11 million Europeans who live in energy poverty by lowering their energy bills.
GNE Finance programs also contribute to community regeneration by making homes and apartment buildings more livable, attractive, by engaging with local stakeholders through volunteering and training.

Environmental Impact

Home renovation can reduce the energy consumption of residential buildings by improving insulation, windows & doors, heating, cooling equipment, lighting, and more.
Reduced energy consumption saves tons of CO2 and brings us closer to meeting the Paris Agreement targets.

Economic Impact

Home renovation programs help revitalize local economies through an injection of capital that is spent locally.
Investments in home improvement create local jobs and services in the construction industry for both highly skilled and low-skilled workers.
Investing €1 million in upgrading the energy efficiency of the building stock results in the creation of 19 new direct jobs in the construction sector.

Fairness, Effectiveness & Viability

Serve the entire economic spectrum, with appropriate environmental targets and sustainable financing instruments

Subsidies, grants, technical and fiscal support is needed to ensure that the clean energy transition is just and fair and addresses the needs of vulnerable groups. Volunteer and retraining programs help maximize the social impact.

Environmental targets for home renovation must be mandatory and in line with the Paris Agreement and 2050 goals. Indoor and outdoor air quality can be impacted by home and building renovation.

Effective financing instruments are needed to increase the investments in building renovation. Job creation and local economic activity are important impacts that should be considered alongside investment volumes.

Fairness, Effectiveness & Viability

Energy-efficient and healthy homes and apartment buildings contribute to meeting several Sustainable Development Goals set by the United Nations. GNE Finance solutions are aligned with the following Sustainable Development Goals: 3, 7, 8, 11, 12, 13, 15, and 17.

Our projects

We Co-Create Innovative Policies And Significant Investments In European Energy Transition Finance

SHAPE

Support for SMEs, public authorities, and affordable housing providers to implement district-level renovation projects targeting social and affordable housing.

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SHAPE

SCALABLE CITIES

Financing instrument for "third sector" project sponsors for building renovation.

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SCALABLE CITIES

EUCF

Public-private partnership with the Balearic Islands for building renovation.

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EUCF

SER

Financing instrument for "third sector" project sponsors for building renovation.