Focus on financing energy efficiency

“EEFIG’s report states that energy efficiency investment is the most cost effective manner to reduce the EU’s reliance, and expenditure, on energy imports costing over €400 billion a year. Today, this makes energy efficiency investments strategically important due to high levels of energy imports, energy price instability and the need for Europe to transition to a competitive low carbon and resilient economy. EEFIG’s members see energy efficiency investing as having a fundamental and beneficial role to play in the transition towards a more competitive, secure and sustainable energy system with an internal energy market at its core.

EEFIG participants believe that the European Fund for Strategic Investments (EFSI) should put energy efficiency first and that it is essential in the context of the Energy Union to reframe the role that energy efficiency plays in how Europe plans for, finances, and constructs its energy system.”

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