Energy Efficiency Financial Institutions Group 2015 Report
» Energy Efficiency – the first fuel for the EU Economy: How to drive new finance for energy efficiency investments
By Peter Sweatman, Rapporteur
Published in February 2015: This report – the second from the Energy Efficiency Financial Institutions Group (EEFIG) identifies the critical success factors, policies, market instruments and financing solutions to increase energy efficiency investments in Europe in the buildings, industry and SME sectors.
The EEFIG, an expert group -containing over 120 expert participants- set up by the European Commission and United Nations Environment Programme Finance Initiative, was established in 2013 to address the need to increase the scale of energy efficiency investments across the EU.
The group was tasked to consider the following questions to increase the flow of energy efficiency investments from a financial institution’s perspective:
- What are the most important challenges to overcome?
- Who would be the right party to address them?
- What should the European Commission/EU do?
The final report addresses energy efficiency investments, their drivers and trends for buildings, industry and SMEs in the European Union (EU).
The report was launched on February 2015 at the European Commission’s event “Heating and Cooling in the European Energy Transition” in Brussels, Belgium.
"Investing into energy efficiency measures in buildings, industry and in SMEs is fundamentally important for Europe. I will strive to ensure that energy efficiency investment financing is looked at in our forthcoming policies and that this Report will be used as inspiration for our further work."
European Commission Vice President, Maroš Šefcovic