European Foundation
for the Improvement of
Living and Working Conditions

The tripartite EU agency providing knowledge to assist
in the development of better social, employment and
work-related policies

EU PolicyWatch

Database of national-level policy measures

Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure BE-2022-1/3282 – measures in Belgium

Green investments for small companies

Demainvest

Country Belgium , applies regionally
Time period Open ended, started on 01 January 2022
Context Green Transition
Type Legislations or other statutory regulations
Category Promoting the economic, labour market and social recovery into a green future
– Financing the green transition
Author Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound
Measure added 02 October 2023 (updated 26 April 2024)

Background information

The finances of the smallest businesses are often unable to support major energy investments on their own. However, the Walloon government believes that Wallonia's large pool of small and medium-sized businesses offers great potential in terms of energy production and insulation.

Demainvest, the result of a partnership between Luminus and Wallonie Entreprendre (formerly SOGEPA), is a green investment financing solution based on a third-party investor system. The goal is make certain expensive related energy investments available to companies that otherwise would not be able to afford them.

Content of measure

Demainvest is entirely responsible for the project and its operation, as well as a significant part of its financing. The company in question does not have to undertake actions within the scheme.

Possible investments relate to the development, construction and operation of energy efficiency projects, electricity supply and the production of renewable energy and heat.

A concrete example of a project realised by Demainvest was the construction of a wind turbine in Herstal on the grounds of IT provider NRB. 90% Of the energy produced by this wind turbine will be used to cover the energy needs of NRB, the remaining 10% will be transferred to the public energy net.

Use of measure

No data currently available.

Target groups

Workers Businesses Citizens
Does not apply to workers Applies to all businesses Does not apply to citizens

Actors and funding

Actors Funding
Local / regional government
Public support service providers
Regional funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Unknown Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • Unknown
  • Main level of involvement: N/A

Involvement

No information.

Views and reactions

No information.

Sources

  • 30 September 2020: DVO: Luminus bouwt mee aan eerste windturbine op grootste Waalse bedrijventerrein (www.dvo.be)
  • 21 November 2022: Demainvest, un tiers investisseur pour financer votre transition énergétique (www.1890.be)

Citation

Eurofound (2023), Green investments for small companies, measure BE-2022-1/3282 (measures in Belgium), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BE-2022-1_3282.html

Share

Eurofound publications based on EU PolicyWatch

30 January 2023

 

Measures to lessen the impact of the inflation and energy crisis on citizens

Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.

Article

12 September 2022

 

First responses to cushion the impact of inflation on citizens

Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.

Article

12 September 2022

 

Policies to support EU companies affected by the war in Ukraine

This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.

Article

5 July 2022

 

Policies to support refugees from Ukraine

This article summarises the first policy responses of EU Member States, including those of the social partners and other civil society actors, enabling refugees to exercise their rights under the Temporary Protection Directive.

Article

Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.