energy policy

The Commission is in the process of updating some of the content on this website in light of the withdrawal of the United Kingdom from the European Union. If the site contains content that does not yet reflect the withdrawal of the United Kingdom, it is unintentional and will be addressed.

The European Commission has provided fresh funding to continue the work of the European Local Energy Assistance (ELENA) facility, implemented by the European Investment Bank (EIB).   Under the new agreement, the initiative will support projects across its sustainable energy (€30 million) and sustainable transport (€5 million) portfolios.
Post date: 29 Gen 2021
Type: News

The European Commission has asked advisors to rework the EU’s green finance taxonomy rules after member states rejected draft implementing guidelines, unhappy about the exclusion of gas as a “transition” activity towards net-zero emissions.   “On Wednesday, 20 January, we requested the Platform on Sustainable Finance to provide further input on the taxonomy framework,” said Aikaterini Apostola, an EU Commission spokesperson.  
Post date: 29 Gen 2021
Type: News

The concept of the circular economy promotes a more efficient use of resources and the reduction of waste.   The construction sector is one of the most resource and waste intensive economic activities, generating 30% of all waste in the EU.  
Post date: 27 Gen 2021
Type: Publication

Over the 2010-2019 period, Czech Republic’s GDP increased by 22.6%, totalling CZK5,182.8 billion (EUR 198.2 billion) in 2019.   This is an annual growth of 2.4% compared to the 2018 levels. Czech’s economy performed well in 2019, primarily driven by strong private consumption and steady wage increase, partially offsetting weak exports growth and ongoing geopolitical tensions.  
Post date: 20 Gen 2021
Type: Publication

This CORDIS Results Pack specifically introduces you to 10 EU-funded projects that have been working to develop tools and solutions that will help to accelerate the financing of energy efficiency investments, as well as offering concrete demonstrations that these solutions have been extensively tested, are ready and can be scaled up further.
Post date: 19 Gen 2021
Type: Publication

Using the results, lessons learned, and strong collaborative relationships of ongoing and prior green finance projects, SMARTER Finance for Families offers its know-how to support identification of individual solutions for using green finance innovation to improve the health and comfort, financial stability, and energy performance of very low-income households.  
Post date: 14 Gen 2021
Type: Link

The Commission officially launched a new, revamped website for the EU-UN initiative Energy Efficiency Financial Institutions Group (EEFIG), which aims at addressing the investment gap on energy efficiency.   The objective of the new website is to keep stakeholders in the financial sector better informed on EEFIG activities, including synergies between the existing EEFIG structures and new EU initiatives foreseen under the European Green Deal, notably in the renovation wave initiative.  
Post date: 3 Gen 2021
Type: News

  The European Council approved the European Union’s EUR 1.82 trillion seven-year funding package and sent it to the European Parliament. The regular budget is worth EUR 1.07 trillion and the remaining EUR 750 billion is a recovery instrument called NextGenerationEU.   The bloc’s leaders called for a cut in emissions by 55% in the next decade.  
Post date: 2 Gen 2021
Type: News

Participants at a roundtable on how to accelerate the energy transition in the region and Serbia agreed that the move toward renewable sources is necessary and more cost effective than to build or even maintain the capacity for the production of power from coal. “An inadequate decarbonization is expensive and a late one is too expensive,” said Professor Nikola Rajaković from the School of Electrical Engineering at the University of Belgrade. He and other speakers also insist the transformation leaves no room for coal.  
Post date: 2 Gen 2021
Type: News

CO2 emissions increased to 9.95 GtCO2 in 2019. The sector accounts for 38% of all energy-related CO2 emissions when adding building construction industry emissions. Direct building CO2 emissions need to halve by 2030 to get on track for net zero carbon building stock by 2050. Governments must prioritize low-carbon buildings in pandemic stimulus packages and updated climate pledges.
Post date: 2 Gen 2021
Type: News