On December 8, 2021, the Environmental Investment Fund in cooperation with the Ministry of Economics, the Financial Sector Association and Vidzeme Planning Region organized a round table discussion on attracting private financing for energy efficiency to share experience and views.

The aim of the round table discussion is to continue the dialogue between the main stakeholders in Latvia on attracting private funding for energy efficiency projects, and to identify common challenges and potential improvements that could be achieved in the current policy context and business practice. The event was a continuation of the roundtable discussions that took place in the framework of the RoundBaltic roundtable discussions on May 6-7, 2021 and September 29, 2021.

The round table discussion takes place in accordance with the Smart Finance for Smart Buildings initiative, in the context of which the European Commission is organizing a Horizon 2020 project “Promoting Smart Finance for Smart Buildings in the Baltics – Poland, Latvia and Denmark – RoundBaltic”. The project is organizing a series of forums dedicated to energy investment with the aim of increasing public and private resources and cooperation to develop large-scale investment programs, one-stop shops and financing plans to improve energy efficiency.

The event convened 94 registered participants from 54 organizations.