Transcript David Denzer-Speck - Stefan Scheuer Consulting

The employment potential of the directive for
energy efficiency
European Parliament
Brussels, 7 February 2012
David Denzer-Speck, KfW Bankengruppe
Energy efficiency and jobs
KfW: Some facts and figures
KfW: Facts and figures
● Promotional bank of the Federal Republic of Germany
● One third (EUR 22.8 bn) of new business volume for climate and environmental
protection in 2011
● Between 1990 and 2009: energy efficient renovation or new building of 3.1
million housing units were promoted by KfW loans and / or grants
● “energy efficient building and rehabilitation“ as benchmark programs. For 2010:
● New jobs or jobs secured for one year: 284.500
● 73 % direct job effects, 27 % indirect job effects
● Jobs for SMEs: 82 %
© KfW Bankengruppe
Energy efficiency and jobs
What are the special qualities of ‘efficient’ jobs?
Programs: energy efficient building and rehabilitation
Within KfW
● Evaluation: Institut Wohnen u. Umwelt, FZ Jülich, Bremer Energieinstitut
● Evaluation credit risk, loan decision, handling of loans: German banking sector
Program for energy efficiency consulting (Energieeffizienzberatung)
© KfW Bankengruppe
Externally
● External technical experts: 5
Energy efficiency and jobs
Realization of employment potential, actors & success factors
Success factors
Actors
● Awareness:
subsidized interest rates, branding (KfW 70) ●
● Conditionality:
clear, transparent and technologically
conditions, checks and audits
neutral
● Broad access:
decentralized on-lending, advertising
● Leverage:involvement of private capital (cap of EUR 50
K respectively EUR 75 per housing unit)
● Embedment:
Close interconnection between promotional
programs and the (legislative) framework
●
© KfW Bankengruppe
Energy efficiency and jobs
What role can the Energy Efficiency Directive play?
General role of policy goals
● Reduction of final energy consumption in the German housing sector by
20 % until 2020.
Program evaluation 2010: ~2.700 GWh / a
20 % of the necessary reduction per year
● 40 % reduction of CO2 emissions within the housing sector until 2020:
Program evaluation 2010: 999.000 t / a.
45 % of the necessary reduction per year.
© KfW Bankengruppe