This report summarises the work carried out during the first year of the second Concerted Action for the Energy Services Directive (CA ESD) on funds and financing for energy efficiency. It focuses on analysing financial measures used for energy efficiency (EE) and finding successful examples of funding and financial mechanisms within the CA ESD.
The ESD Directive (2006/32/EC) requires that barriers, other than those of a clearly fiscal nature, which unnecessarily or disproportionately impede or restrict the use of financial instruments for energy savings, are removed (Article 9 ESD) and that the market for EE improvement measures is encouraged. In addition, according to Article 11 of the ESD, Member States (MS) may establish funds to subsidise the delivery of EE improvement programmes and to promote the development of a market for implementing these measures. The barrier to EE implementation is frequently related to funding issues and tariffs that hinder EE improvements.
Within this area, two main aspects were addressed. The first investigated the use of funds (Structural and Cohesion Funds) coming from the European Union‟s budget to support energy efficient investments also through the use of Technical Assistance facilities. The second was discovering how private financing can be leveraged to provide capital for public use through public and private partnerships schemes.
Information was collected from countries through interviews and questionnaires. This approach obtained knowledge of overall circumstances within the countries and found national examples on successful methods, which can be shared among participants. This can foster the adaptation of the well-established financial solutions into national circumstances.