Energy Community raises awareness about investing in energy efficiency as source of economic regeneration post COVID-19

Photo: European Union
Photo: European Union

The Energy Community Secretariat has announced that it will focus on raising awareness about energy efficiency funding opportunities for its Contracting Parties and their stakeholders. According to the Secretariat, energy efficiency should be treated as a source of economic regeneration after the coronavirus pandemic.

As a first step, the Secretariat has collected information on regional programmes offering funding for energy efficiency and small renewable installations.

Most facilities rely on local financial intermediaries to identify and implement projects. Many of their financial products are based on the offer of dedicated credit lines from international financial institutions and development banks, and are supported by EU grants for both technical assistance and financial incentives. Some of the biggest and most common facilities for Eastern partnership countries are the Green for Growth Fund and the Eastern Europe Energy Efficiency and Environment Partnership.

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Press release

EU4Energy programme