Putting energy efficiency first Reframing the European Investment Bank’s action in times of transition and uncertainty
Publisher: CEE Bankwatch Network
Volume: 27 pages, pdf
Description:
The aim of this report is to provide arguments why the European Investment Bank (EIB) should apply the Energy Efficiency first principle in its lending decision and explore the most promising mechanisms on how to do this. In the first chapter, a definition of ‘energy efficiency first’ is explored. The use of the principle by policy makers has been examined, and examples provided on how the principle could be put in motion. In the second chapter, the role of the EIB is specifically scrutinised. It shows that the Bank has valid reasons to embrace the principle and implement it in its lending decision. In the third chapter, recommendations are provided on how the Bank could implement the energy efficiency first principle. The actions stakeholders can take to monitor the implementation of the principle are also described.