the employment potential of the directive for energy efficiency
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European Parliament Brussels, 7 February 2012 David Denzer-Speck, KfW Bankengruppe. The employment potential of the directive for energy efficiency. Energy efficiency and jobs KfW: Some facts and figures. KfW: Facts and figures. Promotional bank of the Federal Republic of Germany - PowerPoint PPT PresentationTRANSCRIPT
The employment potential of the directive for energy efficiency
European Parliament
Brussels, 7 February 2012
David Denzer-Speck, KfW Bankengruppe
2© KfW Bankengruppe
Energy efficiency and jobsKfW: Some 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: Facts and figures
3© KfW Bankengruppe
Energy efficiency and jobsWhat are the special qualities of ‘efficient’ jobs?
●Product development and research: 7 incl. 2 technical experts
●Technical audit of projects: ~ 100
●Non-specific administrative tasks
Programs: energy efficient building and rehabilitation
● External technical experts: 5● 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)
●Decentralized network of KfW accredited experts (~ around 2000)
●KfW partly pays for the consultancy
With
in K
fWE
xternally
4© KfW Bankengruppe
Energy efficiency and jobsRealization of employment potential, actors & success factors
● Awareness: subsidized interest rates, branding (KfW 70)
● Conditionality: clear, transparent and technologically neutral conditions, checks and audits
● 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
Success factors Actors
● Public, government
● KfW .
● German banking sector
● Ministry
5© KfW Bankengruppe
Energy efficiency and jobsWhat role can the Energy Efficiency Directive play?
● Reduction of final energy consumption in the German housing sector by 20 % until 2020.
Program evaluation 2010: ~2.700 GWh / a20 % 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.
General role of policy goals