The European Commission has taken a significant step to enhance investment in energy efficiency by reinforcing cooperation between Member States, financial institutions, and industrial stakeholders within the framework of the European Energy Efficiency Financing Coalition. At a recent meeting attended by more than 150 participants, the coalition discussed long-term priorities and the need for financial injections capable of scaling up energy efficiency solutions beyond traditional public instruments.

The meeting marked the inclusion of 41 new representatives from industry and 19 from financial institutions, consolidating a tripartite space for cooperation designed to articulate realistic responses to market challenges and attract private capital to efficiency projects. The Commissioner for Energy and Housing, Dan Jørgensen, also presented the publication Giving LIFE to Europe’s clean energy transition, which showcases nearly thirty projects supported by the Clean Energy Transition programme and highlights tangible progress in the deployment of sustainable solutions on the ground.

Created under the REPowerEU Plan, the coalition acts as a technical laboratory and strategic bridge across sectors, aligning approaches with real market needs, strengthening the financial viability of energy efficiency investments, and contributing to the creation of a market environment conducive to private participation. Supported by the Clean Energy Transition sub-programme, with a substantial budget for 2021–2027, the initiative aims to become a key driver in mobilising financial resources towards the energy efficiency required to meet the European Union’s 2030 climate targets.