|Regulatory Framework Name||Creation of a public financing line for energy efficiency projects in buildings (ICO line)|
|Regulatory Framework Description||Meeting national objectives in terms of rehabilitation and to have a more efficient housing stock. The government has approved Royal Decree-Law 19/2021, of October 5, on urgent measures to promote building rehabilitation activity in the context of the Recovery, Transformation and Resilience Plan with the aim of meeting national objectives in terms of rehabilitation and to have a more efficient housing stock. One of the measures contained in the Royal Decree is aimed at the creation of a line of guarantees for the partial coverage on behalf of the State of the financing of rehabilitation works that contribute to the improvement of energy efficiency. This new line of guarantees from the Official Credit Institute (ICO) will partially cover the risks of the loans granted by private financial entities destined to rehabilitation actions of residential buildings that contribute to the improvement of energy efficiency. The maximum budget for these loan guarantees is 1,100 € million; however, the final figure will depend on how many loans are requested.|
|Country of Implementation||Spain|
|Regulatory Framework Reference||https://www.mitma.gob.es/el-ministerio/sala-de-prensa/noticias/mar-05102021-1543|
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