CoAct Database
Statement by Finiancial Institutions on Energy Efficiency Finance
Launched in September 2015 by the European Bank for Reconstruction and Development (EBRD) and the UN Environment Program Financial Initiative (UNEP FI), the ‘Statement by Financial Institutions on Energy Efficiency Finance’ aims at informing banks from all regions, and at mobilizing them to express their interest in financing energy efficiency. It contributes to increasing the visibility and awareness on the topic, while highlighting the key contribution of banks.The objective is for banks to embed energy efficiency finance into their strategy and business operations and further promote the topic to their clients, therefore initiating an in-depth transformation of those institutions. This initiative is open to a broad range of financial institutions including commercial banks, micro finance and leasing companies.The Statement encompasses nine points through which banks recognize the importance of energy efficiency and the opportunity it represents, and commit to contribute to scaling up energy efficiency investments
| Target | Target type |
|---|---|
| Contributing to scaling up energy efficiency financing | Other target |
| Working towards tracking the amounts of finance going to energy efficiency | Other target |
| Further exchanging with their clients to guide them towards energy efficiency financing decisions | Other target |
| Working with institutional and public financiers that seek to deploy energy efficiency finance | Other target |
| Sharing their experience on energy efficiency finance and strive to learn from best practices in the sector to enhance their activity of financing energy efficiency | Other target |