Letter

Policy programme

IIGCC Letter on EU Renewable Energy and Energy Efficiency Directives

13.12.22

Amidst the ongoing negotiations on the Renewable Energy Directive (RED) and Energy Efficiency Directive (EED), IIGCC sent out an open letter to key contacts in the European Parliament, Commission, and Counsel on December 12 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.

IIGCC will continue to liaise with the EU institutions on the 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 below.

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.

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