Recommendations for the EIB Energy Lending Policy
ZEP welcomes the approach of the European Investment Bank (EIB) in recognising that decarbonisation goals will be achieved using a variety of technologies, including those to decarbonise heat. ZEP is encouraged by the identification of the need for a flexible investment framework, as one solution cannot be applicable across different regions of Europe.
Funding alignment with the member state and the European Commission’s ambitions is essential to deliver decarbonisation and unlock investment. The EIB Energy Lending Policies are intended to align with the EU funding mechanisms, the Long-term strategy, and with member states’ National Energy and Climate Plans (NECPs) will deliver the required stable mechanisms to encourage industrial and governmental decarbonisation investment.