Sustainable Energy Investing and Financing Activation (SEIFA)
In March 2020, the European Commission laid the foundations for “A new Industrial Strategy for Europe” underpinning the role of Industry in the transformation towards a carbon-neutral economy. The industry accounts for 51% of the total Green House Gas emissions. It has to reduce its carbon footprint and at the same time accelerate the sustainable transition by providing affordable and clean technology solutions.
Public investments alone are not sufficient to undertake this massive challenge and private investments will play a key role in the sustainable transition. The Sustainable Energy Investing and Financing Activation (SEIFA) project will therefore create incentives for private investors to finance modernisation of industrial companies, energy supply facilities, and energy service companies.
The SEIFA project is establishing a Fund that aims to create a Net-zero carbon emission and a fully Environmental, Social, and Governance (ESG) compliant portfolio. Every potential investment will be assessed against rigorous financial and sustainability criteria, following the EU Taxonomy for Sustainable Activities and the Sustainable Finance Disclosure Regulation (SFDR).
The project started in June 2021 with the planned duration of 30 months. The Investment Fund established during this period will be self-sustained for an indefinite time. At least 500 million Euros for sustainable energy projects will be provided during the SEIFA project duration and it is expected that the 5 billion Euro mark will be reached during the five years after the project completion. A wide network of regional and national project aggregators will be established to ensure an appropriate deal flow.
The SEIFA project emphasises the environmental impact in terms of decarbonisation rate and risk-adjusted rate of return. The project measures and evaluates the additional benefits of sustainable energy investments. The investors-first approach, sophisticated risk management, and sustainability reporting will incentivise private investments to carefully selected sustainable projects.
Learn more about the SEIFA project objectives and development.
Sustainable Energy Investing and Financing Activation (SEIFA) project was created in 2021 to invest 500M euros in sustainable energy facilities.
In December, the first Sustainable Energy Investing and Financing Activation (SEIFA) Advisory Board Meeting was held online, hosted by PEDAL Consulting as the project coordinator.
Investing in Europe's sustainable transition offers immense potential to capitalise on emerging opportunities and reap the benefits of a socially and environmentally conscious approach.
The EUSEW was truly exciting for the SEIFA team, as we had the opportunity to forge new collaborations with interesting stakeholders and discuss SEIFA's progress and impact.
Together with the SEIFA project partners, we established an extensive network of experienced and dedicated local experts to provide the highest quality services to our clients.
Due to the current European security situation, the necessity for energy security is evident more than ever. Urgent efforts are needed to replace fossil fuels.
Sustainability and the transition to a low-carbon, more resource-efficient, and circular economy are key in the long-term competitiveness of the EU economy.
Public investments alone are not sufficient to undertake this massive challenge and private investments will play a key role in the sustainable transition.
The SEIFA project’s main objective is to establish an Investment Fund that will invest with a focus on sustainable energy companies and industrial companies.
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