Renovate2Recover One Year On: What progress on building renovation?
In 2021, the Renovate2Recover study found that amongst the 18 Member States’ NRRPs analysed, €39.9bn was allocated buildings renovation (about 8% of total). This brief provides an update on progress after one year of implementation, and looks at the work which has begun to unlock buildings-related investment worth at least €28bn.
C4E Forum - Registrations and Call for Presentations Open!
Registrations and call for presentations for the 2023 edition of the C4EForum2023 are now open!
The event will take place from the 23rd to 26th of May in Šamorín (Slovakia).
Renovate Europe Day 2022 - Highlights
The REDay2022 High-level Conference took place in the European Parliament co-hosted by the Energy Performance of Buildings Directive (EPBD) Rapporteur Ciarán Cuffe (Greens/EFA, Ireland) and was also streamed online on the 27th of October.
The event was divided in two sessions. The first focused on the ongoing EPBD recast and the importance that a tool such as Minimum Energy Performance Standards (MEPS) play (read the joint letter co-signed by Renovate Europe encouraging ambitious MEPS here). The second took a look on how we can finance the Renovation Wave, both through public funds-based mechanisms, as well as private capital and bank schemes.
Blogpost: Europe is in energy crisis, let’s look at the solutions (C4E Forum)
“We are living a historical moment, that might mean a new era for many European countries. Looking at the solutions and ways to implement them might be a new restart for green economy transition in many countries in Europe.” writes Katarína Nikodemová.
Campaign Director Adrian Joyce on Bloomberg
“A sense of urgency has to be injected into this process […] If we don’t achieve deep renovation of 2.5% by 2030 and maintain it for two decades, we’ll fail in this challenge,” says Adrian Joyce, Campaign director of the Renovate Europe Campaign. Read the full article here.
Launching the EU Renovation Loan
On November 3rd our EU Level Supporting Partner Climate Strategy & Partners hold a webinar to launch its latest report concerning the European Renovation Loan (ERL).
Combining existing financial elements and components and joining them together in a new instrument designed to deliver finance at the EU Renovation Wave scale, the ERL has the potential to fill the private financing gap and address over 50 million EU homeowners.
The report aims at tackling three key elements:
- Identifying the right 50 million homeowners.
- Designing the EU Renovation Loan to fill the identified gap.
- Implementing the right enabling framework to ensure ERL’s success.