lv en

Start page / Development cooperation / Promotion of Smart Finance for Smart Buildings in the Baltic Region - RoundBaltic

RoundBaltic: Promotion of Smart Finance for Smart Buildings in the Baltic Region with focus on Poland, Latvia and Denmark

Project duration

01.09.2020. – 31.08.2022. (36 months)


The overarching objective of the RoundBaltic project is to support the implementation of the Smart Finance for Smart Buildings initiative in the Baltic Sea Region, notably the project’s direct target countries Poland, Latvia and Denmark. Moreover, RoundBaltic refer to the same objectives as Sustainable Energy Investment Forums (SEI Forums) to build momentum for energy efficiency (EE) finance, as illustrated below:

SEI Forums bring together representatives of the financial and energy efficiency sectors to discuss and find solutions to the challenge of energy efficiency finance. Key focus areas are how to ensure an investment friendly framework along designing of financing instruments in accordance with the financial pillars more effective use of public funds, aggregation and project development assistance, and de-risking. A third focus area is to showcase specific initiatives as well as triggering new investment initiatives within existing private and public buildings, industry and SME’s, street lighting, district heating, transport infrastructures and integrated renewable energy sources. At the stakeholder level a key intention is to engage the financial sector in conjunction with building capacities of project developers, incl. public authorities, on how to develop EE investments according to the policies.

The RoundBaltic project aims to provide framework and momentum for energy efficiency investments in the direct target countries Poland, Latvia and Denmark, building on the activities of the SEI Forums initiative, incl. the most recent roundtables held in Warsaw, 27 March 2019, Riga, 10 April 2019 and Copenhagen, 14 May 2019.

Below is a description of key policy developments at European level that the RoundBaltic intervention refer to:

RoundBaltic intends serving catalyst for materialising the vision of the European Green Deal when it comes to accelerating energy efficiency investments in the Baltic Sea Region.

The WPs will be led as follows:

-          WP1 ‘Management’ - led by ECNet (Project Coordinator).

-          WP2 ‘Supportive framework’ - led by LEIF

-          WP3 ‘Roundtables’ - led by SAPE

-          WP4 ‘Enabling actions’ - led by SAPE

-          WP 5 ‘Evaluation, exchange and learning of actions’ – led by LEIF

-          WP6 ‘Dissemination’ – led by ECNet

Project budget

Planned project budget 1 126 437.50 EUR. LEIF contributes to the Project as Project partner with amount 213 368,75 EUR.

Project partners:

  1. EC Network A/S (ECNet) is a leading Danish company in the field of sustainable energy, established in year 2000. The mission of EC Network is to make a professional contribution to the dissemination of sustainable energy and environmental systems. The Company has been involved in numerous technical assistance projects in Europe and Asia as well as a significant number of EU research and promotion projects (IEE, FP5, FP6, FP7, H2020 etc.). - Lead partner.

  2. National Association “Respect for Energy and the Environment” (SAPE-POLSKA) was established in 2004 on the initiative of a group of people operating in Poland and internationally for the sake of respect for energy and the environment. 
  3. The Latvian Environmental Investment Fund ("LEIF") was established on April 28th, 1997. The Ministry of Environmental Protection and Regional Development of Latvia owns 100% of the Fund’s shares. Since February 5th, 2004 LEIF has implemented quality management system of its operations in accordance with ISO 9001:2008 standard.

  4. GATE 21 is a non-profit organisation based in Copenhagen, who works with green growth and to promote a green transition in the Greater Copenhagen region (The regions of Greater Copenhagen, Zealand and Skåne) through local and regional actions.


Additional information: Zane Bilzēna, project manager, phone.+371 67845111

Project is financed by:


This project has received funding from the European Union’s Horizon 2020 research and innovation programme 

under grant agreement No 957051.

Project home page: (under development)


Print page