Energy Transition, EU Climate and energy framework, Research, Innovation & Development
2030 targets
As part of the Decarbheat initiative, which gathers several heating and cooling industry associations with the objective to advocate for European policies that are in line with the decarbonisation of the heating and cooling sector, EGEC co-signed a press release on the topic of the European Green Deal.
EU Climate and energy framework
2030 targets
EGEC, as part of the Coalition for Higher Ambition, a unique gathering of businesses, investor groups, trade unions, local and regional authorities, and NGOs, published a statement to urge the Commission to come forward with a proposal to increase the EU’s climate target to at least -55% of GHG emissions reductions by 2030 compared to 1990 levels within the first 100 days of their mandate. It is the first time that this broad group of stakeholders take a joint position on the EU’s 2030 target and its revision timeline.
Energy Transition, EU Climate and energy framework
2030 targets
The European renewable industries welcome the decision by President Elect of the Commission von der Leyen to enshrine the objective of net-zero carbon emissions by 2050 into EU law.
EU Climate and energy framework
2030 targets
Read our letter to Mr Timmermans, Executive Vice-President of the European Commission, outlining key requirements to make the European Green Deal sustainable, inclusive and effective.
Energy Transition, Financing
EIB
The European Investment Bank is the largest public development bank, providing financing to a wide array of projects, notably in the energy sector. Yesterday, the EIB reached an agreement that it would stop providing funding to fossil fuel projects from 2022 owards.
EU Climate and energy framework
Ecodesign
The Ecodesign framework is undergoing review in order to adapt the energy performance requirement and the labelling of applicances for heating and cooling in particular to reflect changes in technologies.
Energy Transition, Financing
EIB
The European Investment Bank is currently in the process of drafting its updated energy lending policy. As the European Union is progressing towards decarbonisation, and the 2050 horizon is nearing quickly, EGEC joined other industry associations and think tanks to call for the EIB to promptly stop funding fossil fuel projects.
Energy Transition, Environmental legislation, Financing
Sustainable finance
Sustainable finance is an increasingly important topic in European policy making. A proposed regulation by the European Commission on this topic will have a major impact on the private financial sector, and its relationship with geothermal and other renewable energy investments.
Financing, Research, Innovation & Development
Horizon Europe
View EGEC's answers to the Horizon Europe questionaire
Financing, Research, Innovation & Development
ETS
The Innovation Fund is a European Financing programme that stems from the EU ETS, which aims to invest part of the revenues from the European carbon trading scheme to the development of innovative clean energy technologies.