24 July 2012
Prepared by Ecofys for CAN Europe and Friends of the Earth Europe, the study reviews the additional, potential savings that could be made as a result of energy efficiency measures.
According to the research carried out, the European Union could benefit from over €200 billion net savings per year through energy efficiency measures. The report concludes that for every Euro saved through reduced energy use, businesses and consumers save an additional Euro as energy efficiency measures drive down energy prices.
This report provides an overview of what works and what doesn't in the EU's proposed new mechanism for monitoring and reporting (MMR) regulation. The report points out important questions that need to be asked - and answered - before the MMR legislation is finalized.
It also provides recommendations on how to improve the legislative proposal - a recipe for transparent climate finance.