As discussions on the European Union’s Next Multiannual Financial Framework move forward, Renovate Europe is publishing its position paper on the MFF.
Shaping the EU budget for 2028–2034 is a critical opportunity to deliver on competitiveness, affordability, resilience and energy security, and buildings must be at the heart of this effort.
Why? Because energy renovation is one of the smartest investments Europe can make:
➢ Buildings account for ~40% of EU energy use and 36% of emissions
➢ Every €1 invested in energy efficiency can generate up to €12 in energy savings
➢ Renovation reduces energy bills, strengthens energy independence, and improves people’s quality of life
Yet the investment gap remains significant, and the next MFF must help bridge it.
In this context, Renovate Europe calls for:
➢ A dedicated building renovation priority in National and Regional Partnership Plans
➢ An EU Renovation Loan Facility under the European Competitiveness Fund/InvestEU architecture
➢ A performance and tracking methodology that captures real energy savings, social impact and delivery quality.
Beyond funding, the next EU budget must also support implementation on the ground, from technical assistance to local delivery capacity, to turn ambition into real projects.