For the third consecutive year, EEFIG will host a session at the European Sustainable Energy Week (EUSEW). The session will focus on strengthening energy efficiency for the clean energy transition and energy independence, and present and debate the latest results on the EEFIG working groups.
The policy session will celebrate 10 years of EEFIG work in scaling up private financing for Energy Efficiency.
The objective of the session is to present and discuss the findings and recommendations from three EEFIG WGs based on final reports to be launched in June/July 2023 on:
- Applying the Energy Efficiency First principle in financial institutions
- Stimulate consumers’ demand for Energy Efficiency Investments
- Collecting and monitoring data on Energy Efficiency Investments and financing
Session keynote speech is by Roelfien Kuijpers, Global ESG Client Officer, DWS on the perspectives for scaling up private finance for energy efficiency under the coalition.
The insights given by Kuijpers will stimulate a panel discussion lead by Fredrik Nilzen, Nives Della Valle and Markus Seifert around the opportunities and barriers for Energy Efficiency as a driver in accelerating clean energy transition and increasing Europe’s energy independence.
Energy Efficiency plays a crucial role in meeting the 2030 and 2050 energy and climate targets. At the same time, the investment gaps for Energy Efficiency measures in the building stock, SMEs and industry are estimated to be in the order of EUR 300 billion per year to reach EU energy and climate objectives in 2030 for buildings and industry.
Bridging this investment gap will require public and private FIs to implement the Energy Efficiency First principle across core banking and investment activities. It will also require measures to alleviate barriers to accelerated uptake of Energy Efficiency investments at end user and asset owner level particularly in buildings and SMEs. Finally, policy makers have an important role to play in ensuring conducive framework conditions including access to relevant data for informed decision making by stakeholders.
The session will combine high-level inspirational speeches by public and private Financial Institutions and a panel debate among EEFIG members. The audience will be invited to engage through SLIDO and ask questions to the panel.
- Publication date
- 27 April 2023
- Directorate-General for Energy