August 20, 2018

The following tool has been developed in the frame of the QualitEE project which has received funding from the European Union’s Horizon 2020 programme.

The Financial Guidelines aim to establish a common understanding for the assessment of bankability of energy efficiency services projects. They are targeted for the use of financial institutions, energy services providers and clients. Furthermore, these guidelines define minimum financial information that is required for financial institutions to assess energy efficiency services.

The Financial Guidelines should be interpreted in the context of the Draft Guidelines of European Technical Quality Criteria. Whereas the Technical Quality Criteria are primarily targeted at potential energy efficiency services clients, enabling them to identify poor projects from good quality-projects, the Financial Guidelines are targeted at financial institutions and aim to support them to assess bankability of EES projects by means of a set of financial quality criteria.

The QualitEE project aims to increase investment in energy efficiency services in the building sector within the EU and improve trust in service providers. This will be achieved by developing quality assessment criteria and implementing quality assurance schemes.