Energy Performance Contracting (EnPC) constitues an opportunity to bridge the investment gaps faced by the EU to meet its targets of energy efficiency, energy performance of buildings and decarbonisation. In addition to mobilizing private sector financing and technical capacities, EnPCs provide energy saving guarantees and can potentially take away financing risks from clients and providers. The present report uses the same methodology to study the EnPC markets of the EU during 2020-21. Ultimately, the report provides a set of recommendations of relevance for policy-making both at MS and EU levels. The report findings indicate a continued potential for the public and private sectors to engage with EnPCs. Interventions in public buildings and public lighting, followed by private buildings are the most frequent types of projects. There is a trend towards incorporating renewables – constrained by Eurostat rules on the treatment of EnPC investments – district heating, system automation and interventions in the industry. In general, MS policymaking would benefit from fully implement EU directives – especially EED Arts. 18, 5 and 6 – to overcome market barriers. There is a need of market intelligence, technical assistance and sectoral qualification, whilst diverting public funds towards long return projects (e.g. on building envelopes) and leveraging private financing. The EU strategic and regulatory developments alongside technical assistance have been key market drivers.