The ultimate goal of the REFINE-project is to contribute to the supply of sufficient and attractive financing sources to energy efficiency investments through enhancement of refinancing schemes which are understood as important amplifier for market growth. Refinancing is an approach where an EES provider sells and a refinancing institution acquires receivables to be paid by an EES client. The project activities focus on the enhancement of refinanceability of energy efficiency projects, consisting of the following elements: Ensuring admissibility of refinancing schemes for energy efficiency projects; reducing transaction cost of refinancing schemes through standardisation; and facilitating risk assessment through increased transparency and use of credit guarantees. Based on the assessment of existing good practice examples, generic refinancing schemes are derived and supporting tools are developed, such as standardised contract stipulations and a rating system. The enlarged use of refinancing schemes in the energy efficiency business is stimulated by awareness raising among all relevant target groups and by capacity building improving know-how on practical implementation of refinancing schemes. The consortium covers 11 countries focussing on South and Eastern Europe since energy efficiency projects in these countries suffer most from financing barriers. The project applies a collaborative approach to all its project activities bringing together financial institutions, EES providers and facilitators.