On 25 September 2024, the event “Financing Energy Efficiency” brought together experts from EU institutions, civil society, and the private sector to discuss about financing energy efficiency (EE) improvements across Europe. As the EU prepares for the revision of the Multiannual Financial Framework (MFF) in 2025, the conversation centered around how to mobilize sufficient resources, improve the implementation of existing funds, and engage private investors to meet the EU’s energy transition goals.
Moderated by: Monica Frassoni, President, EUASE
Speakers:
Olivier Vardakoulias – Finance and Subsidies Policy coordinator, CAN Europe
Robert Nuij – Deputy Head of Unit for energy efficiency policy and financing, DG ENER
Myriam Bovéda- Team Leader for Sustainable Growth, DG REGIO
The event provided an interesting yet non-exhaustive overview of the challenges and opportunities in financing energy efficiency within the EU. As the MFF revision approaches, stakeholders must work together to ensure that public and private resources are aligned with the EU’s energy efficiency goals.
Key recommendations include:
- Eliminating fossil fuel subsidies within national energy efficiency programs.
- Expanding the One-Stop Shop model to provide more accessible technical and financial support across Member
States. - Introducing new financial instruments to support energy-poor households and low-income homeowners.
- Increasing consumer awareness and providing measurement of real performance of energy efficiency improvements
and its benefits to drive demand for green mortgages and zero-interest loans. - Continuing to mobilize the private sector to ensure that energy efficiency projects are fully funded and successfully
implemented.
Read the full event report here.
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.