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Energy improvement actions in buildings require large-scale investment. Moreover, large numbers of actions are required to make a significant difference. Traditional financing mechanisms are often insufficient, and novel arrangements therefore have to be found to finance projects and limit reduce the related risks.

The European project EuroPACE is analysing ways in which an instrument that is currently in use in the US for financing energy efficiency projects, with repayment via local taxes, can be adapted to a European context.

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