Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË – Tel. +32 22991111

Email: [email protected]

EUROPEAN COMMISSION DIRECTORATE-GENERAL FOR COMPETITION

Markets and cases III: Financial services

Head of Unit

Brussels, 10 July 2026 DG COMP/COMP D.3/PAP/JK/MD/OS/LS*

DG ENER/ENER A.4/ALN/IB*

comp(2026)7444132

Subject: Best practices of National Promotional Banks –

Financing of the clean transition

Dear Madam, Dear Sir,

National Promotional Banks (NPBs) play a growing role in the financing of the economy,

filling market gaps and delivering on long-term and strategic objectives. This is crucial for

the security, sustainability and prosperity of the European Union.

The progressive shift from grants to financial instruments, such as equity, guarantees and

loans as well as the bundling of multiple sources of financing, e.g. European, national or

private, has made the role of NPBs central in the financing of the economy. NPBs are often

the only institutions with the necessary tools and expertise to deploy these instruments for

Member States.

Member States have supported these efforts in recent years, creating new National

Promotional Banks and increasing their financing, including in some cases with the direct

budgetary support of the European Union. This builds on the Commission's recent

encouragement to Member States, including in the context of the implementation and

revision of Recovery and Resilience Plans, to make greater use of National Promotional

Banks and Institutions to support investments aligned with EU strategic priorities.

To this end, the Energy Transition Investment Council announced in the Clean Energy

Investment Strategy published in March 2026, will include a subgroup made up of

representatives of NPBIs alongside the EIB Group and International Financial Institutions,

to discuss their role in accelerating the financing flows for clean energy projects.

Moreover, the European Energy Efficiency Financing Coalition, a high-level initiative

gathering all 27 Member States, financial institutions and industry organisations with the

goal of mobilising private investment in energy efficiency, is also working closely with

NPBs.

The Commission recognises these efforts and strongly encourages cooperation among

Member States and NPBs. In this context the Commission aims at identifying good

practices from NPBs for the financing of the clean transition and affordable housing that

could be replicated in other Member States.

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We would be grateful if you could request NPBs in your Member State to provide us with

a short description of schemes, financial instruments, operations they realised to support

the clean transition. We are in particular looking for examples related to: decarbonisation,

energy production, transmission and distribution, energy storage, heating and cooling,

services and prosumers, energy efficiency, or other relevant category. Housing will be

dealt with separately.

We are not looking for comprehensive replies but for a limited number of examples, which

your NPBs may be willing to communicate on. We would particularly welcome examples

that could serve as good practices and potentially be replicated in other Member States.

Priority could be given to examples considered by the NPBs as particularly innovative,

scalable or replicable. All types of measures are relevant: State aid under the General Block

Exemption Regulation or notified to the Commission as well as market conform activities;

measures financed by national funds as well as operations supported by EU funds including

InvestEU.

The description should be succinct explaining in a simple manner the objectives, the

structure of the operation (origin of the funds, type of financial instruments, intermediaries,

beneficiaries – graph may help), the legal basis if any, the impact of the instrument if it can

already be measured.

We would appreciate receiving your replies by 5 August to the following email

addresses:

[email protected]; [email protected]; [email protected];

[email protected]; [email protected];

ana.porumbrica @ec.europa.eu, [email protected] and

[email protected].

Please don’t hesitate to contact us in case of questions.

Yours sincerely,

Pierre-Arnaud PROUX

Head of Unit

Antonio LOPEZ-NICOLAS

Head of Unit – Chief Economist DG ENER

Electronically signed

Suur-Ameerika 1 / 10122 Tallinn / 611 3558 / [email protected] / www.fin.ee registrikood 70000272

Maaelu Edendamise Sihtasutus

[email protected]

Oru 21

71003, Viljandi

Meie 16.07.2026nr 12.1-1/3027-1

Puhtale energiale ülemineku

rahastamine

Lugupeetud kolleegid

Euroopa Komisjoni konkurentsi peadirektoraat (edaspidi komisjon) saatis liikmesriikidele kirja

palvega jagada riiklike arengupankade kogemust puhtale energiale ülemineku toetamisel.

Eestis küll klassikalisi arengupankasid pole, kuid Teie tegevuse iseloomust lähtuvalt palume

Teil komisjoni kirjas küsitud teave esitada Rahandusministeeriumile 3. augustiks 2026. a, et

saaksime selle edastada komisjonile.

Lugupidamisega

(allkirjastatud digitaalselt)

Tarmo Porgand

Riigi osaluspoliitika ja riigihangete osakonna juhataja

halduspoliitika asekantsleri ülesannetes

Lisa: 1. Euroopa Komisjoni kiri

Ljudmilla Sokolnikova 611 3360

[email protected]

Lisaadressaadid: Ettevõtluse ja Innovatsiooni Sihtasutus

SA Keskkonnainvesteeringute Keskus

Regionaal- ja Põllumajandusministeerium

Majandus- ja Kommunikatsiooniministeerium

Kliimaministeerium

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