A climate-proof budget to drive the EU clean energy transition to a low carbon economy

 

The European Union (EU) Multi Annual Financial Framework (MFF) post 2020 will define the financial means to address societal, economic and environmental challenges the EU is currently facing.

The MFF is also a unique opportunity for the EU to demonstrate coherence with its long-term energy and climate policy objectives and deliver tangible benefits to European citizens.

With that in mind and in line with the EU’s Paris Agreement commitments, this paper presents the views of a cross-sectoral alliance of businesses united by the shared vision that energy efficiency, by driving growth, jobs and delivering European added value, is the key to a cost-efficient and competitive decarbonization of our economy.

 

 

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In a fast-changing political and economic environment, 2025 was a year of continued efforts to strengthen security, stability, and competitiveness for European businesses.

Throughout the year, our work demonstrated that energy efficiency is not only essential to achieving climate goals, but also a key driver of innovation, energy independence and sustainable long-term growth across Europe.

Strong engagement with policymakers, combined with the successful organisation of the 4th European Energy Efficiency Day, highlighted the importance of collaboration and dialogue in advancing shared objectives. Partnerships across sectors and institutions remained central to delivering impact and shaping effective energy policies.

Looking ahead to 2026, we will intensify our efforts to secure the regulatory certainty that can accelerate the energy transition, while providing businesses with the investment confidence they need and strengthening Europe’s  competitiveness.

Read the full Activity Report here

EU-ASE at Green loans for efficient and safe buildings

Buildings are responsible for 40% of energy consumption and 36% of CO2 emissions in the EU and it is estimated that 75-90% of buildings in the Union’s territory will still be in use in 2050. Considering this, energy efficiency renovation works for buildings have become one of the top priorities for the European Union. However, access to public funds is not always easy for the families, and bigger involvement and investment from private actors are needed.

In this context, the Energy Efficient Mortgage Action Plan (EeMAP) organizes the event “Green loans for efficient and safe buildings”, takinig place in Milan next Friday 9th March, from 9:00 to 14:00. The conference, presented as a series of panels involving several experts, stakeholders and institutional leaders, discusses the central role of credit institutions in the transition towards energy efficient buildings in the European Union.  Monica Frassoni, President of the European Alliance to Save Energy, will moderate the discussion on “Creating a system for impact finance” from 11:20 to 12:10.

The event, co-organised by UniCredit, GBC Italia, RICS Italia, and E.ON Italia, and in collaboration with the EeMAP consortium, presents a unique opportunity for creating an efficient synergy between all the actors involved in the energy efficiency process in the Italian market, as well as for providing concrete answers to efficient and safe buildings’ demands.

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In a fast-changing political and economic environment, 2025 was a year of continued efforts to strengthen security, stability, and competitiveness for European businesses.

Throughout the year, our work demonstrated that energy efficiency is not only essential to achieving climate goals, but also a key driver of innovation, energy independence and sustainable long-term growth across Europe.

Strong engagement with policymakers, combined with the successful organisation of the 4th European Energy Efficiency Day, highlighted the importance of collaboration and dialogue in advancing shared objectives. Partnerships across sectors and institutions remained central to delivering impact and shaping effective energy policies.

Looking ahead to 2026, we will intensify our efforts to secure the regulatory certainty that can accelerate the energy transition, while providing businesses with the investment confidence they need and strengthening Europe’s  competitiveness.

Read the full Activity Report here

The next EU budget to drive the EU energy transition 

Dear President Tusk,

We are writing to you on behalf of the European Alliance to Save Energy (EU-ASE) and the European Alliance of Companies for Energy Efficiency in Building (EuroACE) whose members have operations across the 28 Member States of the European Union, directly employ 465,000 people in Europe.

On the 23rd of February, the European Council will hold an informal discussion to set priorities on the post-2020 Multi Annual Financial Framework (MFF).

The post-2020 MFF will define the financial means to address societal, economic and environmental issues of European and global concern. As this is the first budget following the Paris Agreement, it is a unique opportunity for the European Union to show vision and coherence with its long-term policy objectives, deliver tangible benefits to European citizens and to show that it is serious about living up to its commitments.

In the light of the above, the post-2020 MFF will need to be developed in compliance with current EU and global energy and climate targets. The EU High-Level Expert Group on Sustainable Finance estimated that to achieve the EU’s targets for energy and climate policy alone, additional annual investments of €170bn are required.1

This upfront investment, needed to fill the significant investment gap, will foster sustainable growth and create jobs across all EU countries and regions. Investments in energy efficiency typically create value through delivering multiple benefits (energy security, public health, improved air quality) and support innovation and competitiveness.

The MFF holds the key to help plug this investment gap. As the lion share of the required investment will have to come from the private sector, the EU budget should be designed to mobilise private financial flows – hopefully with a multiplier effect of 1:15.2

This will allow the EU to support investments on climate-related projects on a large scale, in line with the Art.2 of the Paris Agreement, which explicitly refers to a “finance flow consistent with a pathway towards low GHG emission and climate-resilient development”.

At the same time, an EU budget drawn up to provide the necessary resources to decarbonize the European economy will help foster EU technological leadership and strengthen the domestic market for clean energy technologies and solutions.

We wish you a fruitful meeting and would be grateful if you could share our views with the Heads of State and Heads of Government.

There are great challenges and significant expectations regarding the post-2020 MFF and we look forward to an outcome that will show the world that European Union is fully committed to tackle the climate change and decarbonize the EU economy.

 

Yours Sincerely,

Monica Frassoni                                                                                    

President

European Alliance to Save Energy

 

Adrian Joyce  

Secretary General

EuroACE

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In a fast-changing political and economic environment, 2025 was a year of continued efforts to strengthen security, stability, and competitiveness for European businesses.

Throughout the year, our work demonstrated that energy efficiency is not only essential to achieving climate goals, but also a key driver of innovation, energy independence and sustainable long-term growth across Europe.

Strong engagement with policymakers, combined with the successful organisation of the 4th European Energy Efficiency Day, highlighted the importance of collaboration and dialogue in advancing shared objectives. Partnerships across sectors and institutions remained central to delivering impact and shaping effective energy policies.

Looking ahead to 2026, we will intensify our efforts to secure the regulatory certainty that can accelerate the energy transition, while providing businesses with the investment confidence they need and strengthening Europe’s  competitiveness.

Read the full Activity Report here

Energy Efficiency Directive (EED) and Energy Union Governance 2030 Regulation to drive the EU energy transition

Dear Ministers, 

I am writing to you on behalf of the European Alliance to Save Energy (EU-ASE), a multi-sectoral business organisation whose members have operations across the 28 Member States of the European Union, directly employ 340.000 people in Europe and have an aggregated annual turnover of €115 bn.

The EED and Governance 2030 are central to the EU post-2020 energy framework and consequently to the success of the European energy transition. From a business perspective, these two pieces of legislation -if correctly designed -have the potential to provide investors with the much-needed certainty and predictability for investments, increase the competitiveness of the European industry, generate economic growth and create millions of jobs across the continent.

We welcomed your statement on the EED General Approach reached in July 2017 and your willingness “to pursue the negotiations with a view to improve the ambition of the (EED) directive” and we also appreciated your continued support for a strong EU Governance 2030 framework. We trust you will maintain this ambition, so as to achieve a better result than the one that could be expected from the current General approach of the Council. This is all the more important in this final stage of the legislative process, as we fear that several key provisions in both proposals might be at risk. A poor outcome of negotiations could severely affect the capacity of the EU to deliver its commitments in the framework of the Energy Union and the Paris Agreement.

Follow us


Privacy Policy

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In a fast-changing political and economic environment, 2025 was a year of continued efforts to strengthen security, stability, and competitiveness for European businesses.

Throughout the year, our work demonstrated that energy efficiency is not only essential to achieving climate goals, but also a key driver of innovation, energy independence and sustainable long-term growth across Europe.

Strong engagement with policymakers, combined with the successful organisation of the 4th European Energy Efficiency Day, highlighted the importance of collaboration and dialogue in advancing shared objectives. Partnerships across sectors and institutions remained central to delivering impact and shaping effective energy policies.

Looking ahead to 2026, we will intensify our efforts to secure the regulatory certainty that can accelerate the energy transition, while providing businesses with the investment confidence they need and strengthening Europe’s  competitiveness.

Read the full Activity Report here

The Energy Efficiency Directive (EED) as opportunity for citizens and business

Dear Minister Zypries, 

We represent a group of cross-sectorial companies with factories and offices across the 28 Member States of the European Union and we are writing to you about the forthcoming EED trilogue negotiations.

The EED is central to the EU post-2020 energy framework and the success of the German and European Energiewende. It will lead to increased competitiveness, jobs creation and economic growth and will provide business with the much-needed certainty and predictability for energy efficiency related investments. Beyond the market growth and economic performance, the EED will benefit the environment, reduce GHG emissions, reinforce energy security, improve air quality and cut energy costs for households, which in turn will alleviate energy poverty.

We are concerned because two key elements of the EED are at stake i.e. the energy efficiency target by 2030 and the 1.5% annual energy saving target. Both these provisions are necessary to deliver the EU commitments made in the framework of the Energy Union and the Paris Agreement.

In this sense and ahead of the forthcoming trilogue negotiations we urge you to:

• support the binding nature of the EU energy efficiency target to strengthen investor confidence

• increase the level of ambition of the target to a cost-effective 40% by 2030, expressed both in primary and final energy terms

• extend the 1.5% annual energy savings obligations beyond 2020 (perspective 2050)

• avoid double counting and loopholes that would undermine the effectiveness of Art.7 and of the whole Directive

• include transport energy consumption in the baseline when calculating the savings.

 

So far, on this legislative dossier, Germany, together with France, has played a leading role in driving ambition in the Council. Thus, we are confident that under your leadership a progressive coalition of Member States can hopefully support a strong EED which, combined with a well-crafted Governance 2030 mechanism, is a win-win for a prosperous economic future of the entire European Union.

 

Follow us


Privacy Policy

© All right reserved

In a fast-changing political and economic environment, 2025 was a year of continued efforts to strengthen security, stability, and competitiveness for European businesses.

Throughout the year, our work demonstrated that energy efficiency is not only essential to achieving climate goals, but also a key driver of innovation, energy independence and sustainable long-term growth across Europe.

Strong engagement with policymakers, combined with the successful organisation of the 4th European Energy Efficiency Day, highlighted the importance of collaboration and dialogue in advancing shared objectives. Partnerships across sectors and institutions remained central to delivering impact and shaping effective energy policies.

Looking ahead to 2026, we will intensify our efforts to secure the regulatory certainty that can accelerate the energy transition, while providing businesses with the investment confidence they need and strengthening Europe’s  competitiveness.

Read the full Activity Report here