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December 19, 2023

A Milestone for Energy Efficiency: EU Declaration Strengthens Commitment to Green Objectives

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In a significant leap towards bolstering sustainability efforts and advancing energy efficiency, the European Union has achieved a critical milestone.

This development holds great importance not only for our industry but also for the broader landscape of sustainability.

Kadri Simson COMMISSIONER (2019-2024)  

Today, the EU Commissioner for Energy, Kadri Simson, joined forces with the Energy Ministers of all 27 EU Member States to sign a groundbreaking Joint Declaration on energy efficiency financing. This occasion gave rise to the establishment of the European Energy Efficiency Financing Coalition.

Key Highlights:

1. Objective: The Joint Declaration places a strong emphasis on the urgency of attracting private investment into energy efficiency and constructing a sustainable funding structure for related investments.

2. Additional Measures: EU countries are making additional commitments, recognizing the pivotal role of energy efficiency in the decarbonization journey of Europe.

3. European Energy Efficiency Financing Coalition: Emerging from the Joint Declaration, the Coalition is strategically designed to fortify energy efficiency initiatives. Its primary focus is on creating a conducive market environment for investments and private funding, aligning with the European Union's ambitious 2030 green objectives.

This development serves as a clear indication to EU citizens, who are not just observers but active participants as consumers.

For a deeper exploration of this new step, you can access:

For Homa, this latest development reinforces our conviction and determination to innovate, constantly seeking more efficient solutions for our cooling appliances dedicated to the EU—the market that remains our focal point. This commitment is underscored by the impressive record of over 60 million cooling appliances shipped from our factories to this market over the past two decades.


Copyright HOMA 2023 - Issued by Homa Marketing Department in December 2023.

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