EEFIG comprises over 200 organisations working on energy efficiency investments throughout the European Union. These include financial institutions, investors, bank associations, energy efficiency practitioners, academia and other experts across the finance market.
What we do
In 2015, EEFIG published the landmark report defining the issue of energy efficiency investments in the context of the EU Energy Union strategy. Since then, EEFIG launched Europe’s largest database of energy efficiency investment projects (DEEP) and an Underwriting Toolkit for financial institutions in 2017. EEFIG’s work inspired dozens of Horizon 2020 research and investment projects and is widely promoted in Member States through e.g. the Sustainable Energy Investment Forums.
Currently, EEFIG has eight working groups which are leading deep-dives in areas of key investment challenges for Europe, such as energy efficiency investment criteria, the evolution of financing practices, links between energy efficiency and lending default, and others. Each of these eight working groups are composed of approximately 20 members from across the energy finance community with specific contribution on thematic expertise and knowledge development.
EEFIG work continues to evolve and expand. With the adoption of the European Union Clean Energy Package and new, more ambitious targets for 2030, the Commission has more recently proposed the European Green Deal with the task of mobilising over €1 trillion towards climate activities. EEFIG recommendations are then more important than ever given the accelerated timeline to match impact-driven EU funding to evident climate change mitigation, a new priority shaping EEFIG's current and future work.
A consortium of energy efficiency finance experts is supporting and coordinating work across EEFIG working groups, organise events and workshops and update the members and the public through various communication channels.
EEFIG Steering Committee meets on a quarterly basis to provide strategic guidance. Member organisations of the steering group are:
- Directorate-General for Energy (DG ENER)
- Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA)
- Executive Agency for Small and Medium-sized Enterprises (EASME)
- United Nations Environment Programme Finance Initiative (UNEP FI)
- Allianz Investment Management
- Climate Strategy
- Die DWS Group (DWS)
- European Bank for Reconstruction and Development (EBRD)
- Energy Efficiency in Industrial Processes (EEIP)
- European Investment Bank (EIB)
- European Mortgage Federation - European Covered Bond Council (EMF-ECBC)
- European Alliance of Companies for Energy Efficiency in Buildings (EuroACE)
- Internationale Nederlanden Groep (ING)
The annual plenary meeting is open to all EEFIG members and working group observers. The plenary is an opportunity to meet and network with EEFIG members. Following reporting the results of work packages, EEFIG members are invited to contribute views and to discuss priorities for the future. EEFIG is an expert-community driven initiative and your contributions remain of the key importance. If you are an EEFIG member be there, if you are not a member yet join and meet us 4 and 5 May 2022.
The rapporteur of EEFIG is Peter Sweatman, Chief Executive of Climate Strategy & Partners, who was also the lead author of the EEFIG report in 2015.
The EEFIG group members list is available in alphabetical order and is regularly updated.