Developing and implementing financial instruments for the mobilisation of investments in renewable energy in the agrarian sector
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Assessment
FEFTS Specifications
Research project
for Soil carbon sequestration
Agricultural domain
Open-field agriculture, Livestock, Greenhouses
Suitable for
Farmer, Advisory services
Applications
Other
Type of solution
Procedure
Details
Project`s acronym: RESFARM
Project funding type: EU
Project funding source: H2020
Project coordinator: UNIONS AGRARIAS UPA
Coordinator location: Spain
Coordinator email / Contact form: info@resfarmproject.eu
Project status: Finished
Total budget: 1527698.97
Additional info
The recent appearance of innovative investment schemes, addressed to overcome similar challenges in other sectors, demonstrates that, by creating pools of RES, access to capital market resources can be realized. The proposed action is designed to initiate a structured dialogue among farmers, financiers and other relevant experts and stakeholders in order to develop and promote such an investment instrument, tailored for on-farm RES. The consortium that presents this proposal includes, among other key stakeholders, a leading European financial institution, a university as well as the largest farmers´ associations of Spain, Italy and Greece. The quality of the consortium and the relevance of the expected results mean that this proposal is a unique opportunity to increase the financeability of on-farm RES in Europe.
RESFARM's partners have formed a Sustainable Energy Finance Platform. This is focused on seeking institutional support for both the pool’s development and for the improvement in the framework for regulating and supporting these investments in the agrarian field. The contents of this platform are based on a thorough analysis of the regulatory framework and the relevant policies in Spain, whose main conclusions were made public in a document to this respect.
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Assessment
This section contains a brief assessment of the FEFTS described.
There are 3 basic categories: General, Environmental and Socioeconomic assessment.
The purpose of this assessment is to give a quick overview to the potential FEFTS user of its application benefits.
For each question, the Likert scale is used with the following possible answers:
Strongly disagree, Disagree, Neither agree nor disagree (Neutral)/non applicable, Agree, Strongly agree
General
This FEFTS contributes to improve the energy profiles of farming systems:Environmental
The application of this FEFTS directly reduces fossil energy use, in terms of:- introducing renewable energy systems on the farm
Socioeconomic
The application of this FEFTS contributes to cost reductions of farming systems:Keep in mind that this assessment is subjective, based on publicly available information.
All registered users are asked to evaluate each FEFTS and when an adequate number of reviews is gathered the results depicted here are updated. Each review is screened in order to avoid malicious practices.
FEFTS providers who do not agree with the assessment results, can send their inquiry to info@agrofossilfree.eu and a direct action based on their petition will be taken.