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IIGCC CEO sends letter on EU Renewable Energy and Energy Efficiency Directives

IIGCC CEO sends letter on EU Renewable Energy and Energy Efficiency Directives
12.12.22

Amidst the ongoing negotiations on the Renewable Energy Directive (RED) and Energy Efficiency Directive (EED), our CEO Stephanie Pfeifer sent an open letter to key contacts in the European Parliament, Commission, and Counsel noting our strong support for ambitious clean energy measures across Europe.

The letter emphasises that investors support clear, impactful policies that drive a significant increase in the use of renewables and energy efficiency. The energy crisis has further highlighted the importance of quickly moving towards clean and secure energy sources; this will only be accomplished with robust policy frameworks that accelerate private sector investment in energy efficiency and renewable deployment across the EU. This will also further accelerate investment in decarbonisation measures supporting the wider Fit for 55 package and its overarching emissions reduction target.

We will continue to liaise with the EU institutions on the Energy Performance of Buildings Directive (EPBD) to represent the investor perspective.

The open letter builds upon our letters sent earlier this year to Member State Leaders and Ministers and Commission Executive Vice President Timmermans on the wider Fit for 55 package.

Read the full letter.

Disclaimer: This letter was developed in collaboration with a number of IIGCC members but does not necessarily represent the views of the entire membership, either individually or collectively.