scope:

Scope of the new standard(s) is to define the minimum requirements of an Energy Performance Contract between the beneficiary and the provider of an energy efficiency measure that delivers a contractually agreed level of energy efficiency improvement and other agreed energy performance criterion and meet the requirements of: - cost effectiveness in relation to the benefits generated by the energy efficiency measure (appropriateness of the EPC); - risk mitigation and risk allocation toolkit; - Eurostat and IASB requirements for statistical treatment and financial accounting; - due diligence and underwriting procedures of financial institutions and assets evaluators.