Funding energy efficiency - What role for the Junker Plan?
PAST
EVENT
EVENT
Jul 14, 2015
00:00 - 00:00
It is estimated that if the EU is to meet its energy efficiency targets of 20% by 2020 and 27% by 2030, then energy efficiency measures will need to be improved at all stages, from energy generation to final consumption. In addition to that, a €100 billion a year will be needed to meet the EU’s energy saving targets of 2020 and beyond. This Policy Dialogue focused on what types of financial support are available to pursue energy efficiency in the EU, focusing primarily on the European Fund for Strategic Investments (EFSI), the investment vehicle of the Junker plan. How much of the possible €315 billion of leveraged investment will be available for energy efficiency? And what other funds are able to support this policy objective?
The Sustainable Prosperity for Europe (SPfE) Programme explores the foundations and drivers for achieving a sustainable, resilient and competitive European economy.
Prospering within the planetary boundaries requires rethinking our economic model, including our production and consumption patterns, as well as our energy, mobility and food systems. It requires addressing the climate emergency and environmental degradation, as well as becoming smarter with the resources we have. The transition to the world we want must bring both businesses and people along, if it is to succeed.
The Paris Agreement and the Sustainable Development Agenda provide the direction for travel globally and in Europe, and the SPfE Programme engages in a debate on the drivers and the means for achieving our goals. The Programme focuses on areas where working together across the EU can bring significant benefits to the member states, citizens and businesses and can ensure sustainable prosperity within the limits of this planet.
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