Energy efficiency investments must more than double to achieve the EU’s new climate and energy targets, and this is increasingly urgent to deliver anticipated progress by 2030.
The EEFIG Working Group on The Evolution of Financing Practices for EE in Buildings, SMEs and Industry, in their newly published report delivers concrete recommendations to the EU Commission and Financial Institutions on accelerating the investments in energy efficiency across the region.
Bettina Dorendorf, Sustainable Finance, KfW, EEFIG WG on Evolution of Financing Practices, says: ‘We see that there is an urgent need - in particular in light of recent developments in the energy markets - for aggregating energy efficiency investments to more than double to achieve EU’s new energy and climate targets. And the actions need to be taken in three sectors: Buildings, industry and SME’s.’
- 30 April 2022