Short description:
European Commission website - section about financing energy efficiency with EU objectives and instruments to support the transition to a clean energy system.
Description:
The EU has increased the amount of public funds available for energy efficiency. However, to meet the objectives of the Energy Union and support the transition to a clean energy system, there is a need to further unlock private financing, in particular for energy efficiency investments. It is estimated that an additional €177 billion per year will be necessary over the period 2021-2030 to reach the EU's energy and climate objectives for 2030.