When it comes to economic stimulus investments in energy efficiency and renewable energy offers many opportunities. They can create new jobs, reduce greenhouse gas emissions and bring the economy on a more sustainable trajectory. The European Green Deal and the Recovery Plan for Europe are expected to raise billions of financing for investment, but most low carbon investment are small scale and often not sufficiently mature. There is a clear need of bridging this gap and provide scaling up of projects, standardisation and removing bottlenecks in order to realise the climate and economic policy on the ground. There is a clear role the EIB and the Advisory Hub can play.
This session aims at highlighting the importance of comprehensive advisory support to make projects in the energy efficiency and renewable energy sector investment ready. It will illustrate through flagship projects how advisory support across different sectors and stages of project development facilitates the preparation and implementation of projects. On the base of the examples presented, beneficiaries can learn how access support from the Advisory Hub.
The session is addressed primarily at potential beneficiaries of the Advisory Hub, such as national and local governments, financial intermediaries and corporates. Additionally policy makers are made aware of the importance of advisory services in climate action, job creation and economic recovery. Participants are encouraged to raise questions in the two Q&A sessions. Additionally, polling will be used to get feedback from participants on questions.