New Finance

Ongoing project

New Finance project is designed to improve the lives of people by driving leadership in energy innovation. The project will take a step towards making energy efficiency investment easier by increasing the confidence of key decision makers from public and finance sector to find and apply working strategies for mobilisation of private funding and better use of ESI funds.

Interreg MED Programme
6 Mediterranean countries
Project duration: 18 month
Total budget: 0.93 mil. €
new-finance.interreg-med.eu

The Malta Intelligent Energy Management Agency (MIEMA) is participating in the NEW FINANCE transnational project co-funded by the European Union under the Interreg MED programme. The project brings together 6 partners from Croatia, Malta, Italy, Spain, Slovenia and Bosnia & Herzegovina.

The general objective of the NEW FINANCE project is to increase the confidence of public building owners and private investors to overcome the barriers in financing energy efficiency measures at local and regional levels. The project will take a step towards making energy efficiency investment easier by assisting key decision makers from the public and finance sector to find and apply working strategies for mobilisation of private funding and better use of European funding.

The project focuses on effective replication and smart networking activities equally involving stakeholders from the public and private sector whilst capitalizing on a number of previous and ongoing similar initiatives. NEW FINANCE aims to showcase proven implementation models related to innovative financing for energy efficiency renovation, including Public-Private-Partnerships and Energy Performance Contracting.

For more information about NEW FINANCE and upcoming events please the visit the official project website.