The European Court of Auditors recently assessed whether EU co-funded energy efficiency investments in buildings had cost-effectively helped the EU toward its 2020 energy saving target. Cost-effectiveness is not a determining factor for allocating public funding to energy efficiency measures in residential buildings, according to a new report from the ECA. Despite improved guidance from … Continue reading
Adam Fairbanks, CEO of a firm dedicated to providing cost-effective retrofit solutions for its commercial and industrial clients in the US writes on the Facility Executive website about seven facts about financing energy efficiency projects. Do you agree? 7 Facts About Financing Energy Efficiency Projects Facilities need energy efficiency; this is no longer a … Continue reading
Financing energy efficiency measures is a challenge in all sector. We have initiatives such as Energy Efficiency Financial Institutions Group and Sustainable Energy Investment Forums in Europe to explore how to ensure a greater flow of financing. The Hurriyet Daily News wrote a news item recently about a new EBRD finance model for Turkey. What … Continue reading
The Philippines has a challenge to achieve its energy and climate goals. It is estimated that $243 billion in energy efficiency capital needs to be mobilised in order to harvest 45,900 megawatts from the demand-side of the Philippine energy market in the next 21 years. Victor V. Saulon writes on the Business World website that … Continue reading
The financial services industry is redirecting huge flows of money from fossil fuels to low-carbon technology. Andrew Higham, Chief Executive of Mission 2020 and a visiting fellow of practice at the University of Oxford’s Blavatnik School of Government, explains in an article on the Financial News website. How to speed up the slow greening … Continue reading
Many of us knew energy efficiency funds coming from Switzerland. One of the best known is SUSI Partners. It is encouraging to see in a news item on the Swissinfo.ch website that the country was named the top global investor in energy efficiency. Now we need more to follow its lead. Switzerland named top global … Continue reading
For our low-carbon energy transition, we definitely need more investments in renewable energy technologies. David Foxwell writes on the Offshore Wind Journal website about a new consultation by the EIB to strengthen the impact of its future energy lending. The EiB page on the consultation is here. EIB launches energy lending consultation in support … Continue reading
We all know the challenges to decarbonise the building stock in Europe as part of the EU’s objective of meeting its Paris climate obligations. Financing is fundamental and there is a growing array of initiatives from the Energy Efficiency Financial Institutions Group (EEFIG), the Sustainable Energy Investment Forums, Smart Finance for Smart Buildings and much … Continue reading
Remember the financial crisis ten years ago? You have to. Our low carbon energy transition needs significant financing if we are to achieve our Paris climate objectives. Tomaso Ferrando, Lecturer in Law from the University of Bristol writes on The Conversation website that we need to put everything into perspective. COP24: ten years on … Continue reading
The US has a large number of electric co-ops and it is encouraging to see that they are offering low-interest loans to its members. Miles Hadfield explains on the Co-operative News website. US electric co-ops use low-interest loans to power efficiency savings Electric co-ops in the USA are offering low-interest loans to members, which … Continue reading
