What is REFINE?

In order for the European Union to achieve its energy and climate goals by 2030, significant investment is required to make energy efficiency projects more attractive for potential investors and financial institutions. The European Union has therefore identified the promotion of an energy efficiency service (EES) market in Europe as a priority for the future.

In that context, the EU-funded REFINE project has identified the lack of attractive financing options for EES projects as a major barrier to the development of a functioning, robust EES market in Europe.

The goal of REFINE is therefore to contribute to the supply of sufficient and attractive financing sources to energy efficiency investments. Central to the development of a strong energy efficiency service market is ensuring the availability of financing sources for EES projects.

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