Energy efficiency is one of the most cost-effective ways to reach the objectives of the Paris Climate Agreement and the European Union’s climate and energy objectives. In particular, investing in energy efficient buildings, whether through new-build or deep renovation of the existing building stock, has great, as yet unexploited, potential – for jobs, growth and the transition to a low carbon society.
The needed acceleration of investments in buildings energy efficiency can only be reached through the mobilisation of private finance, which requires adapted policy frameworks. Delegates and speakers at the conference reflected on the progress made since the COP 21 which saw significant commitments taken by banks and investors on energy efficiency.