New EEFIG report: Boosting finance in energy efficiency investments in buildings, industry and SMEs

(european-commission, 26 Feb 2015) The report by the Energy Efficiency Financial Institution Group (EEFIG), which was published on 26 February 2015, contains recommendations on a range of actions that could help overcome the current challenges to obtaining long-term financing for energy efficiency.

The EEFIG, an expert group set-up by the European Commission and United Nations Environment Programme Finance Initiative identifies a "very strong economic, social and competitive rationale for the up-scaling of energy efficiency investments in buildings and industry in the EU".

It points out that investment in energy efficiency is of strategic importance for the EU since it is a "cost effective manner to reduce the EU's reliance, and expenditure, on energy imports over €400 billion a year."

The report recommends measures such as the creation of energy and cost database for buildings and the development of a project rating system to provide a transparent assessment of the technical and financial risks of energy renovation projects for buildings.

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european-commission, 26 Feb 2015: New EEFIG report: Boosting finance in energy efficiency investments in buildings, industry and SMEs