Up-scaling energy efficiency investments is critical and will have multiple benefits for Europe. Energy efficiency investments increase security of supply reducing Europe’s reliance on imported energy, enhancing the competitiveness of Europe’s industry.
The Energy Efficiency Financial Institutions Group (EEFIG) was established in 2013 by the European Commission Directorate-General for Energy (DG Energy) and United Nations Environment Program Finance Initiative (UNEP FI).
In February 2015 EEFIG presented its landmark report “Energy Efficiency – the first fuel for the EU Economy: How to drive new finance for energy efficiency investments” which provided a significant advance in the understanding and knowledge about the issues of energy efficiency financing.
On 22 June 2017 the EEFIG Underwriting Toolkit was launched during the EU Sustainable Energy Week. The toolkit is aimed specifically at financial institutions that are looking at ways to design better financial products for energy efficiency investment projects.
All information regarding the EEFIG Underwriting Toolkit is available at EEFIG’s website.