Energieeffizienzfinanzierung &

Nachhaltiges Investment im Immobiliensektor

Ailin Huang, Programme Officer International Partnership for Energy Efficiency

Cooperation

G20 ARBEITSGRUPPE ZUR ENERGIEEFFIZIENZFINANZIERUNG (EEFTG)

Kontext

*IEA (2015) WEO Special Report on Energy and Climate Change

G20 EEFTG

Private Sector Finance

Policy Public Sector

Finance

Banks Long term investors

Insurers

1 Aufbau robuster, Investment Grade Politik- und Investitionsrahmenbedingungen

2 Ermittlung und Übertragung von best practices im Finanzsektor zwischen G20 Mitgliedsstaaten

3 Optimierung öffentlicher Finanzmittel, um Finanzmittel der Privatwirtschaft zu mobilisieren und zu erhöhen

4 Unterstützung des Dialogs zwischen den politischen Entscheidungsträgern der G20 zu privaten und öffentlichen Finanzinstitutionen, sowie zur Industrie und Internationalen Organisationen

Ziel

Überblick

2016 EEFTG Global Survey

Energy Efficiency Principles for G20 participating countries

G20 Energy Efficiency Investor Statement (USD 4 trillion in assets)

Bank Declaration of Intent on Energy Efficiency (130 bank signatories)

Fünf Prinzipien zu Energieeffizienzinvestitionen in G20 Mitgliedsstaaten

1 “The Importance of Energy Efficiency as a Horizontal and Cross-Cutting Economic and Developmental Priority”

2 “Balanced Approach to Demand and Supply-side Measures”

3 “Country-led Measures and Policies to Stimulate Demand for Energy Efficiency Investments”

4 “Unlocking Barriers Preventing the Supply of Finance for Energy Efficiency Investments”

5 “The Development of Public and Private Sector Capacity and Commitments”

Statement Banks

We, the Alliance of Energy Efficiency Financing Institutions:

• Acknowledge that the financial sector is uniquely placed to channel finance to activities that promote energy efficiency

• Understand there are many unaddressed energy efficiency financing opportunities in our markets

• Are already providing finance to support our clients with energy efficiency investments

• Will actively contribute to scaling up energy efficiency financing without taking on undue burden

• Are willing to work towards tracking our deployment of energy efficiency finance

• Recognize the need to further embed energy efficiency investment principles into the way in which we engage with our clients

• Have a special interest in guiding our clients towards best practice financing decisions, including on modernization and competitiveness strategies that instill enhanced energy efficiency

• Are willing to work with institutional and public financiers seeking to deploy climate finance to our clients

• Welcome the opportunity to share our experiences and acquire knowledge of successful business strategies for integrating energy efficiency across our financing operations.

120 banks mobilized to increase the financing of energy efficiency

Societe Generale Banka AD Beograd State Export Import Bank of Ukraine Sudameris Bank Sumitomo Mitsui Trust Holdings Tatra banka Triodos Bank TuranBank Türkiye İş Bankası Türkiye Sinai Kalkinma Bankasi UK Green Investment Bank Ukrsibbank Unibank Unicredit Bank DD Mostar Unicreditbank Serbia Unicredit Bulbank Unicredit Tiriac Banka United Bulgarian Bank Vakiflar Bankasi VTB Georgia Xac Bank Yapı ve Kredi Bankasi YES Bank Zagrebacka Banka

ING Group Kyrgyz Investment and Credit Bank La Banque Postale Megabank Microinvest Minsk Transit Bank Mobiasbanca Moldincombank Moldova Agroindbank Mutualista Pichincha National Bank of Egypt NLB Tutunska Banka A.D. Skopje NRW Bank Ohridska Banka A.D. Ohrid OTP Bank Romania Pireaus Bank Procredit Group Raiffeisen Bank Aval Raiffeisen Bank D.D. Bosnia and Herzegovina Raiffeisen Bank Romania SEF International Universal Credit Organization Şekerbank Shinhan Bank Slovenska Sporitelna Societe Generale Group

BRAC Bank Limited BRD - Groupe Societe Generale CASA DE Economii SI Consemnatiuni CenterInvest Bank CIBanco Connecticut Green Bank Crédit Agricole Crédit Coopératif Crédit Foncier CREDO Daegu Bank Demir Kyrgyz International Bank Demirbank DenizBank Desjardins Group Ecobank Erste & Steiermarkische Bank Eurobank Firstrand Garanti Bankasi Garanti Leasing Halkbank Skopje Hana Bank HSBC Bank Armenia Humo MDO Imon International Industrial Bank

ABN AMRO ACBA - Credit Agricole Bank ACCESSBANK Agjencioni Per Financim NE Kosove AKBank Ameriabank Armswissbank ASN Bank Bai Tushum & Partners Banamex Banca Transilvania Bancolombia Bancompartir Bank Eskhata Bank Millennium Bank of Georgia Bank of India Bank of Valletta Bank Republic Basisbank BBVA Belgazprombank Belvnesheconombank BMCE Bank of Africa BNP Paribas Bpifrance BPS-SBERBank

Energy Efficiency Investor Statement

As our contribution to the work of the G20 Energy Efficiency Finance Task Group, as managers and investors, we share a common understanding of the positive economic and societal benefits of energy efficiency. In order to ensure that our activities promote and support energy efficiency, and in consideration of our fiduciary responsibility: We recognize the need to fully embed energy efficiency into our investment process. We, the undersigned, undertake to:

• Embed material energy efficiency considerations into the way in which we evaluate companies;

• Include energy efficiency as an area of focus when we engage with companies;

• Take into consideration energy efficiency performance, to the extent relevant to the proposal being considered, when we vote on shareholder proposals.

• To the extent relevant, incorporate energy efficiency investment considerations when we select managers;

• Assess our existing real estate assets and managers and monitor and report on their energy efficiency performance;

• Seek appropriate opportunities to increase energy efficiency investments in our portfolios

Mehr dazu…

… in unserem diesjährigen Tätigkeitsbericht! http://www.ipeec.org/upload/publication_related_language/pdf/541.pdf

Ergebnis des G20 Energieministertreffen 2016 “Upscaling EE Investment”

G20 Energy Ministerial Communique made reference to the importance of

“upscaling energy efficiency investment” and

endorsed the critical G20 Energy Efficiency Leading Programme (EELP)

Danke! G20 Energy Efficiency Finance Task Group

Kontakt: ailin.huang@ipeec.org Weitere Informationen: ipeec.org/EEFTG

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N a c hha l t iges Inv e s tm ent im Im m obi l i e ns e k to r

U m s e t z u n g d e r P a r i s

Ve r t r a e g e : e i n

H a n d l u n g s l e i t f a d e n

NACH PARIS, ZEIT ZUM HANDELN

• In Paris haben sich Regierungen dazu verpflichtet, den

Temperaturanstieg auf 2°C, möglicherweise 1.5°C, zu begrenzen und

aus fossilen Energien bis Ende des Jahrhunderts auszusteigen

• Bedeutung von Gebäuden:

- 35% des finalen Energieverbrauchs

- und ungefähr ein Drittel der Treibhausgasmission

• Damit der Immobiliensektor sich an das 2 Grad Ziel anpasst, muss

sein CO2 Fußabdruck um ca. 80% (indirekt und direkte Emissionen)

bis 2050 fallen (verglichen mit 2013).

• Die Rolle der privaten Akteure wurde explizit in den finalen Verträgen

hervorgehoben.

Nach Paris…

• Regulatorische Veränderungen,

die sich auf Investoren

auswirken, werden

wahrscheinlich zunehmen.

• Physische Auswirkungen des

Klimawandels werden auch

weiterhin Risiken für Real Estate

darstellen.

REGULATORY TRENDS

• In Europe, the EU non-financial

reporting directive on disclosure of

non-financial and diversity

information

• In Australia, SASB envisions a

world where a shared understanding

of corporate sustainability

performance

• In Japan the Corporate

Governance Code requires

companies to take appropriate

measures to address sustainability

issues .

EXTREME WEATHER EVENTS

In 2070, 150 million people in the

world’s large port cities will be at

risk from coastal flooding, along

with US$35 trillion worth of property

– 9% of global GDP.

FINANCIAL RISKS

Global direct losses to real estate

and infrastructure by re-insurance

companies were US$150 bn

annually between 2002 and 2012.

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Chancen nutzen

• Investmentperformance steigern

• Chancen für Produktivitäts-

steigerung und sozial-

ökonomische Chancen für die

Gesellschaft, inklusive

Beschäftigungswachstum und

gesteigerte Mitarbeiterproduktivität.

Growing evidence connects

“green real estate” positively

with investment fundamentals:

• increased client demand, lower

vacancy lengths, reduced rates

of depreciation, lower operational

costs, and higher liquidity;

• lower risk of mortgage

default for green and energy

certified office and residential

buildings compared to non-

certified properties.

A EU study found that health

benefits from energy efficiency

improvements in buildings could be

worth €40-80bn a year.

The investment opportunity in energy

efficiency building retrofits globally is around

US$300 bn annually by 2020.

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Nachhaltiges Investieren im Immobiliensektor:

Ein Handlungsleitfaden

• Step-by-step framework and clear signposts for action to “flip the switch”

• Tool mapping to make sense of the abundance of tools, resources and

information published over the last 5 years

• Focus the attention as to where to start and/ or how to increase the ESG

integration with clear ‘should’ and ‘could’ actions

Audiences:

Asset Owners and Trustees and their Investment Advisors,

Direct Real Estate Investment Managers and Property

Companies and their Real Estate Consultants,

Real Estate Equity and REITS, Bond and Debt Investors and

their Financial Advisors.

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Warum sollten Sie diesen Handlungsleitfaden

nutzen?

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Strategie: ESG & Klimastrategien entwickeln

.

Asset owners & their advisors

Eine ESG & Klimastrategie entwickeln

.

Recommended resources, excerpt

Umsetzung: Integration von ESG & Klimakriterien

in Investmentstrategien .

Asset owners & their advisors

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Ausrichtung: Der Auswahlprozess von Beratern

Equity, bond & debt investors

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Messen & Berichten

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Market engagement

Asset owners

Direct investors

Equity, bond and debt investors

Recommended resource

DANKE!

EINE INTERAKTIVE KOPIE DES HANDLUNGSLEITFADENS FINDEN SIE

HIER:

http://www.unepfi.org/work-streams/property/SustainableREI/