Energy Efficiency Financial Institution Group
The Energy Efficiency Financial Institutions Group (EEFIG) was created in 2013 by the European Commission Directorate-General for Energy and the United Nations Environment Programme Finance Initiative (UNEP FI). EEFIG is acting as 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 and propose policy and market solutions. EEFIG’s current policy focus is on the European Green Deal and within the EU Recovery Plan and MFF 2021-2027 frameworks.
The body comprises over 200 organisations working on energy efficiency investments throughout the European Union, including financial institutions, investors, bank associations, energy efficiency practitioners, academia and other experts across the finance market.
This panel debate will focus on questions which relate to scaling up investments in energy renovation of housing across Europe and how cities can organise their renovation programs to attract private finance. The panel will feature speakers from prominent public and private financial institutions that are members of the Energy Efficiency Financial Institutions Group (EEFIG)’s working groups on financial instruments, risks and co-benefits. The framing questions of the debate are as follows:
1) How can financial instruments contribute to scaling up the energy renovation of housing across Europe and how can local and regional authorities promote this?
2) Can the co-benefits of energy renovations like improved comfort and productivity in buildings contribute to attracting private finance?
3) Are green loans less risky and how can this improve the way in which cities organise their energy renovation programmes?