The Energy Efficiency Financial Institutions Group (“EFFIG”) identifies the need to engage multiple stakeholder groups, scale-up the use of several financial instruments within a clear and enforced “carrot and stick” legislative framework. This report identifies a number of approaches and instruments that have proven to encourage investments and multiple market barriers that stand in the way of an energy efficient Europe.

Proposed changes flowing from the former Council of Australian Government’s Trajectory for Low Energy Buildings project1 (the trajectory) are expected to reduce annual electricity consumption of new and refurbished residential and commercial premises by 36 TWh by 2050, compared to current standards.