The European Parliament have published a study by EPRC's Fiona Wishlade, Rona Michie and Philip Vernon on 'Financial instruments for energy efficiency and renewable energy'.
The study was commissioned by the Parliament's DG for Internal Policies to inform the Regional Development Committee (REGI) and analyses ESIF financial instruments for energy efficiency and renewable energy sources and their implementation. The results suggest that, because implementation is highly context-dependent, transferability of lessons and good practice is limited. EE and RES FIs require specialist support and are constrained by operational programme lifecycles. More could be done to measure the impact of EE and RES FIs, though assessing the performance of both low carbon policies and financial instruments is highly challenging.
Fiona Wishlade presented the findings of the study to the European Parliament's REGI Committee. The presentation can be viewed here.