Bulgarian Energy Efficiency Forum on Smart Finance for Smart Buildings

The expertise of Econoler in the areas of sustainable innovative financing schemes, new energy efficiency (EE) and renewable energy source (RES) business models, green legal and policy frameworks, and best practices was pivotal for the success of a series of roundtables that would take place in Bulgaria with the objective to increase the trust of investors, develop policies that resonate with sustainable innovative finance (e.g. energy service companies [ESCOs]), and support better market functioning. 

In total, 10 roundtables were planned and held throughout the project period. Representatives from the whole spectrum of the Bulgarian EE/RES ecosystem took part, including technical and financial experts from the public and private sectors, policy makers, leaders from government and municipalities, etc. Discussions during the roundtables led to conclusions and recommendations intended to help further develop the Bulgarian EE/RES market. 

Under the mandate, Econoler carried out the following tasks:

• Identified suitable roundtable topics from the field of sustainable finance, ESCOs, innovative models, etc.;

• Synthesized proceedings from the roundtables;

• Developed policy recommendations aligned with sustainable innovative finance (e.g. ESCOs), EE/RES program schemes, improvements in legal regulations, etc.; 

• Supported other partners in carrying out their tasks.

   

The client benefited from Econoler’s ability to collect and rapidly analyze essential information and provide pragmatic workable solutions in the field of sustainable financing and green policy measures.