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  • European Investment Bank Solutions for energy efficiency - 10 years of European Local Energy Assistance (ELENA)

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  • European Investment Bank Solutions for energy efficiency - 10 years of European Local Energy Assistance (ELENA)

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  • The European Local Energy Assistance facility is run by the European Investment Bank on behalf of the European Commission. It helps the public and private sector implement energy efficiency, renewable energy and sustainable transport Investment projects, thus reducing greenhouse gas emissions. The ELENA facility promotes innovative solutions in energy efficiency and accelerates investments by building experience, facilitating financing and overcoming barriers.


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  • Over 70% of Europeans live in urban areas, and 55% of public investment is made by regional or local governments. The European Investment Bank works on a range of Urban Agenda-related initiatives to share knowledge with local and regional decision-makers in order to improve access to funds and help them use existing funds more effectively.

    The EIB has provided EUR 95 billion in urban lending over the last five years and is extending that financing to projects with a higher risk under the European Fund for Strategic Investments, part of the Investment Plan for Europe.


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  • Last modified-on: 20-06-2019