EU4Energy: New policy guidelines on boosting energy efficiency investments

24-07-2020
Photo: European Union
Photo: European Union

The Energy Community Secretariat and the European Bank for Reconstruction and Development have issued joint policy guidelines for Energy Community Contracting Parties on boosting energy efficiency investments. The guidelines will help the countries to design and establish effective centralised financing mechanisms for energy efficiency investments.

Janez Kopač, director of the Energy Community Secretariat, said:

“Attracting funding for energy efficiency is relatively easy, the tricky part is getting the design and governance structure of centralised energy efficiency finance schemes right. By sharing best practices, today’s policy guidelines can make a real difference for our Energy Community Contracting Parties and help energy efficiency improvements truly take off the ground.”

Under Article 3 of the current Energy Efficiency Directive, Energy Community Contracting Parties must achieve a 20% improvement in energy efficiency by 2020, with new targets for 2030 to be adopted soon. Centralised financing mechanisms can play an important role in achieving these savings.

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Press release

EU4Energy programme