European Court of Auditors states that greater focus on cost-effectiveness still needed in co-funded energy efficiency investments in buildings

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 European Court of Auditors states that greater focus on cost-effectiveness still needed in co-funded energy efficiency investments in buildings

Seven facts about financing efficiency projects outline what to know when budgeting for energy solutions

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 Seven facts about financing efficiency projects outline what to know when budgeting for energy solutions

EBRD introducing a new energy efficiency finance model for Turkey’s public sector

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 EBRD introducing a new energy efficiency finance model for Turkey’s public sector

The Philippines should start viewing energy efficiency as a new infrastructure asset class

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 Philippines should start viewing energy efficiency as a new infrastructure asset class

The European Investment Bank has launched consultation in support of sustainable energy goals

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 The European Investment Bank has launched consultation in support of sustainable energy goals

New support to improve energy performance of buildings in Lithuania

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 New support to improve energy performance of buildings in Lithuania

Looking at the financial community and the low-carbon energy transition

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 Looking at the financial community and the low-carbon energy transition

Electric co-ops in the USA offering low-interest loans to members so they can afford energy-efficiency improvements

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 Electric co-ops in the USA offering low-interest loans to members so they can afford energy-efficiency improvements

Importance of providing low-cost finance options for homeowners and businesses if ambitious targets for energy saving are to be met discussed in recent event in Dublin

This past week, there was an event in Dublin examining how energy efficiency is financed in Europe and discussing the importance of providing low-cost finance options for homeowners and businesses if ambitious targets for energy saving are to be met. The event was reporting in an article on the Irish Tech News website.   Low … Continue reading Importance of providing low-cost finance options for homeowners and businesses if ambitious targets for energy saving are to be met discussed in recent event in Dublin