On 10 February 2026, a public event titled “INSPIRenov: Financial Instruments for a Successful Energy Transition” was held in Sofia, dedicated to presenting the project’s progress and the development of sustainable financial models for energy renovation.
The event was opened by Deputy Minister Dora Yankova, who emphasized the importance of the models being developed in the context of the National Decarbonisation Plan and the Social Climate Plan, as well as their potential for implementation within future strategic policies.
During the programme, the following were presented:
- project progress by Cleantech Bulgaria;
- the national framework for sustainable financing by the Ministry of Regional Development and Public Works;
- the role of public financial instruments in attracting private investment;
- market-oriented solutions for mobilising private capital;
- the importance of stakeholders and One-Stop Shops;
- the INSPIRenov Alliance.
As part of the partner meeting, the Technical Expert Group (Pathfinder for Innovation Working Group – PIWG) also convened and held an in-depth discussion on specific financial model options. The experts discussed:
- blended finance models;
- risk-sharing between the public and private sectors;
- guarantee mechanisms;
- conditions for the participation of banks and financial institutions;
- the applicability of the instruments to different target groups, including vulnerable households.
The working session contributed to further refining the models and gathering structured expert feedback, which will be used in the next stage of their development and validation.
