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Financing energy renovations at local and regional levels

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European status and good practices
It is widely recognised that much of the energy we use in buildings is largely wasted due to old construction practices, many of which preceded the adoption of energy performance standards. With over 80% of today’s buildings expected to be still in use in Europe by 2050, the building sector must be at the centre of decarbonisation efforts in the EU. Energy upgrades through comprehensive renovations can drive much needed energy savings in the sector, boost economic growth, generate new jobs, support local businesses and strengthen industrial competitiveness. Renovations can also play a crucial role in the European recovery of the COVID-19 pandemic due to the labour-intensive nature of the building sector and large domination of local businesses. In light of the close link of regional and local authorities with European citizens, this report assesses the role of municipalities and regions in stimulating energy upgrades in residential, commercial and public buildings today. Based on data collected through a survey conducted with the help over 80 experts across European regions and municipalities, the report assesses the main financial and fiscal instruments and identifies their main characteristics. Good practices are discussed based on the selection of various design, implementation and impact criteria, ranging from funding sustainability to scalability and success at addressing hard-to-reach groups.
2021-11-10
Publications Office of the European Union
JRC123755
978-92-76-41141-3 (online),   
1831-9424 (online),   
EUR 30815 EN,    OP KJ-NA-30815-EN-N (online),   
https://publications.jrc.ec.europa.eu/repository/handle/JRC123755,   
10.2760/52526 (online),   
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