The use of financial instruments in the ‘Renewable Energy’ sector

To reach the target of a 32% share of renewable energy in final energy consumption at European Union (EU) level by 2030, the EU needs to increase investment in Renewable Energy. The objectives for renewable energy set out in the ‘Clean Energy for All Europeans’ package require annual investment additional to the current trend of annually EUR 9 billion from private and public sources from 2021 to 2030.

This sectoral fiche considers the potential to use financial instruments to support this important sector. It forms part of the fi-compass Stocktaking study on financial instruments by sector.