Bulgaria joined the Joint Declaration and the European Coalition for Financing Energy Efficiency
A Joint Declaration on Energy Efficiency Financing and the European Energy Efficiency Financing Coalition was signed today by Energy Commissioner Kadri Simson and the Energy Ministers of all 27 EU Member States within the Transport, Telecommunications and Energy Council in Brussels.
The Declaration emphasizes the importance of attracting private investment in energy efficiency and of creating a long-term, viable framework for financing energy efficiency investments.
The signing of the declaration is also the first step towards the creation of a coalition that establishes a form of tripartite cooperation between the EC, the member states and the financial institutions. It aims to provide a favorable market environment for energy efficiency investments and to increase the private financing needed to contribute to the achievement of the European Union's 2030 and 2050 energy and climate goals.
The full text of the Declaration can be found at: