EEFIG organises annual plenary meetings that are open to all members and interested parties. The latest plenary took place on 9-10 February 2021 in virtual format. This was the occasion to discuss the good results of the different work streams in 2020 and draw up possible pathways for EEFIG in 2021 and towards the 2030 target.
With the Renovation Wave announced last October, the European Commission aims at doubling renovation rates in the next ten years and make sure renovations lead to higher energy and resource efficiency. This will enhance the quality of life for people living in and using the buildings, reduce Europe’s greenhouse gas emissions, boost digitalisation and improve the reuse and recycling of materials. However, building renovation is one of the sectors facing the largest investment gap in the EU. The Commission estimates that in order to achieve the proposed 55% climate target by 2030, around EUR 275 billion of additional investments are needed per year. In this context, EEFIG will play a key role in the activation of private-sector financing by identifying best practices and innovative approaches and helping them scale-up.
With a combination of keynote speeches and high-level panel discussants on current issues in energy efficiency finance, the EEFIG Plenary meeting 2021 was the occasion for participants to discuss the good results of the different work streams in 2020 and draw up possible pathways for EEFIG in 2021 and towards the 2030 target.
Established in 2013 by DG Energy and the United Nations Environment Program Finance Initiative (UNEP FI), EEFIG is an open dialogue and work platform for public and private financial institutions, industry representatives and sector experts to identify the barriers to the long-term financing for energy efficiency, to propose policy and market solutions. The group has engaged more than 120 active members from about 100 organisations throughout the EU.
- energy efficiency
- Live streaming available
- Energy Efficiency Financial Institutions Group (EEFIG) on behalf of DG ENERGY and UNEP FI
- Social media links
Download a pdf version of the agenda
Day 1 (open access) - Tuesday 9 February 2021 - Virtual meeting (Zoom):
- 9:00 - 09:10 Welcome and introduction by the convenors, Claudia Canevari, Head of Unit, European Commission, DG ENER C3 – Energy Efficiency, Policy and Financing, Eric Usher, Head, UNEP Finance Initiative.
- 09:10 - 09:25 Keynote: The central role of energy efficiency investments in the framework of the recovery and the Renovation Wave, Ditte Juul Jørgensen, Director-General for Energy, EU-Commission.
- 09:25 - 09:40 Keynote: Promoting Energy efficiency- The role of the EIB as the EU climate bank in the framework of the climate transition and the recovery, Thomas Östros, Vice-president of the EIB
- 09:40 - 10:40 Emerging results of EEFIG working group
- Financial Best Practices,
- Multiple Benefits,
- Asset-level energy performance correlations,
- Energy efficiency in industry
- 10:40 - 11:00 Coffee break.
- 11:00 – 11:30 Panel I: Financial Institutions (FI) Panel – Energy Efficiency actions in the framework of the Recovery and the increased climate ambition for 2030. Members from financial institutions discuss the opportunities for EEFIG to contribute to the immediate European policy objectives on climate and recovery: Stefania Racolta-Cruceru, EBRD, Bettina Dorendorf, KfW, Bruce Schlein, CITI. Moderated by Peter Sweatman, EEFIG Rapporteur.
- 11:30 – 12:20 Panel II: EEFIG in 2021-2022 - immediate priorities. EEFIG steering committee members discuss the focus of EEFIG during 2021-2022: Murray Birt, DWS Group, Sandra Schoonhoven, ING Jennifer Johnson, European Mortgage Federation, Martin Koch, ECFIN. Moderated by Peter Sweatman, EEFIG Rapporteur.
- 12:20 – 12:30, Conclusions and closuring remarks, Carlos Sanchez Rivero, DG ENER.
Day 2 (members only) - Wednesday 10 February 2021 - Virtual meeting (Zoom):
- 9:00 - 09:15 Welcome and introduction, Carlos Sanchez Rivero, DG ENER.
- 09:15 - 09:45 Best practice financial instruments – What are the best practices and how do we replicate and scale them? Isidoro Tapia, EIB, Juan Alario, GNE Finance, Alex Betts, Aquila Capital, Adrien Bullier, EASME. Moderated by Lucas Bossard, COWI.
- 09:45 - 10:15 Multiple Benefits – Do they affect financing decisions; can they be monetized? Kristina Klimovich, GNE Finance, Philippe Weill, Société générale, Federica Saccani, CBRE. Moderated by Clemens Rohde, Fraunhofer.
- 10:15 - 10:45 Asset-level energy performance correlations – Are energy efficiency loans less risky and should it affect regulation? Richard Crecel, GCD, Daire Mccoy, LSE, Tobias Horn, DB. Moderated by Markus Seifert, d-fine.
- 10:45 - 11:00 Coffee break
- 11:00 – 11:30 Energy efficiency in industry – A part of the broader decarbonisation agenda for large industries, but what about the SMEs? Shane McCullough, SBCI, Angels Orduna, SPIRE. Moderated by Rod Janssen, EE-IP.
- 11:30 – 12:00 Energy efficiency financing in the framework of the next MFF 2021-2027 – How can EU funds leverage private investments? Krzysztof Kasprzyk, DG REGIO, Lada Strelnikova, European Energy Efficiency Fund, Justinas Bučys, VIPA, Hadrien Michel, DG ENER. Moderated by Dinne S Hansen, COWI.
- 12:00 – 12:30 EEFIG towards 2030 – How can EEFIG best contribute to the European Green Deal? Tatiana Bosteels, EIB. Luca Bertalot, European Mortgage Federation, Adrian Joyce, EuroACE, Renovate Europe. Moderated by Peter Sweatman, EEFIG Rapporteur.
- 12:30-12:40 Conclusions and closuring remarks. Carlos Sanchez-Rivero, DG ENER