This iBRoad output gives a default database supporting a generic techno-financial assessment of renovation measures. The challenge of EuroPACE implementation lies in attaching the financing to a property – the so-referred to as home-primarily based financing.” With a view to put this mechanism in place, the general public administration should recognise that sustainable and energy-environment friendly house renovation is within the public benefit and put in place administrative collection and security mechanisms for mortgage repayment. This feature is crucial to enable low-threat, long-term financing and make it engaging to non-public buyers. Our analysis confirmed that the majority of EU nations use some form of administrative collection mechanisms, thus making the potential adoption of the EuroPACE viable. On the same time, our research highlighted that enabling this mechanism for dwelling renovation typically requires a authorized modification either at national or regional degree, as we discovered for our pilot in Spain.
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