Abstract

The European Commission President Ursula von der Leyen, indicated in the political guidelines for the new Commission that the European Green Deal will be a key political priority, and that a clear proposal on this to be presented within the first 100 days will include more ambitious CO2 targets for 2030. This will likely translate into an even larger investment gap for energy efficiency. In this context, the Energy Efficiency Financial Institutions Group (EEFIG) and its support to up-scaling energy efficiency investments is a very important and relevant player.

The abstract will give an overview of recent and ongoing work of EEFIG within a broad range of subjects with a focus on contributions to industrial energy efficiency, including: the emerging EU sustainable finance taxonomy and tagging of energy efficiency loans; improvement of the De-risking Energy Efficiency Platform (DEEP); monitoring of the evolution of financing practices in buildings and industry; the risk profile of energy efficiency financing; the multiple benefits of energy efficiency; industrial practices dealing with energy efficiency; and how energy efficiency financing will work of the next EU Multiannual Financial Framework (MFF) 2021–2027.

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Panels of

1. Policies and Programmes to drive transformation

2. Sustainable production towards a circular economy

3. Energy management

4. Technology, products and systems

5. Business models, finance and investment

6. Deep decarbonisation of industry