Engaging Retail Lenders in Home Renovations

Join us online or in-person in Brussels at Rondpoint Robert Schuman 6!


Europe is in a race to achieve independence from foreign energy sources, alleviate its citizens from rising energy prices, and to meet its ambitious climate targets. Consuming 42% of energy and being responsible for over one third of energy-related GHG emissions, the decarbonisation of the buildings in the EU is essential to achieve this.

How can we identify which buildings to renovate? How can we provide access to low cost, long-term financing for deep renovations across Europe?

Having business relationships with more than 25 million EU customers, mortgage lenders are the single most connected stakeholder group to Europe’s buildings. As of 2022, mortgages accounted for about 80% of the lending to households. Evidently, the mortgage is the most appropriate and widely used financing tool to provide homeowners investment capital and the opportunity simultaneously to upgrade their buildings to make them resilient against energy shocks, more affordable to run and more comfortable and healthy to live in.

In this event, the Renovate Europe Campaign and Climate Strategy (CS) will present the current state of EU buildings’ renovation efforts and the findings of the latest CS report “Engaging Retail Lenders in Home Renovation”, calling for EU mortgage lenders to play a more proactive role in unlocking the trillions of home equity stored in the buildings owned by their clients through the voluntary uptake of the innovative instrument Mortgage Portfolio Standards (MPS). EU policymakers, buildings experts and finance sector stakeholders will then exchange views on these subjects.

There is growing momentum for Mortgage Portfolio Standards as over a third of the top-30 banks in Europe already have in place a form of voluntary MPS, or equivalent. We look forward to a lively discussion on its potential, design and place within Europe’s decarbonisation efforts. Included in the final version of the Energy Performance Building Directive (EPBD) adopted by the EU Parliament in March 12th of this year, Mortgage Portfolio Standards were defined as:

Mechanisms incentivising mortgage lenders to establish a path to increase the median energy performance of the portfolio of buildings covered by their mortgages towards 2030 and 2050, and to encourage potential clients to make their property more energy-performant along the Union’s decarbonisation ambition and relevant energy targets in the area of energy consumption in buildings, relying on the definition of sustainable economic activities in the EU Taxonomy.”



9:00 AM – 9:30 AM

Registration and Coffee


9:30 AM – 9:40 AM

Welcome and Introduction – Adrian Joyce, Director of the Renovate Europe Campaign


9:40 AM – 9:45 AM

Ministerial Perspectives on EPBD transposition – Short video – Petr Hladík, Minister of the Environment of Czechia


9:45 AM – 10:05 AM

Keynote “The Role of Retail Lenders in Buildings Renovation” and Q&A – Peter Sweatman, CEO Climate Strategy & Partners


10:10 AM – 11:00 AM

Panel 1 “Frameworks and financial mechanisms to renovate buildings” and Q&A – Moderated by Sean Carroll, Cities & Buildings Editor, FORESIGHT

  • [Paula Pinho, Director, DG ENER]
  • Madeline Schneider, PCAF
  • [Sebastian Mack, Jacques Delors Centre]
  • Murray Birt, DWS


11:10 AM – 11:25 AM

Coffee Break


11:25 AM – 11:35 AM

Ministerial Perspectives on recast EPBD transposition


11:35 AM – 12:35 PM

Panel 2 “Climate Risks and Mortgage Portfolios” – Moderated by Vanesa Osuna, Secretariat, Net-Zero Banking Alliance  (NZBA)

  • Opening statement by: [Almorò Rubin de Cervin, European Commission, Head of Unit D1: Banking Regulation and Supervision – DG FISMA]
  • Dominic Keyzer, ING
  • Imène Ben Rejeb-Mzah, BNP Paribas
  • [Hadjira Hamdaoui, Société Générale]
  • Petr Holub, Ministry of Environment Czech Republic


12:35 PM – 12:50 PM

Contribution from the Presidency of the Council of the European Union


12:50 PM – 1:00 PM

Final words and summary – Adrian Joyce, Director of the Renovate Europe Campaign

A New Era for the European Renovation Wave: Sharing Perspectives

We are excited to join C40 Cities, the Global Covenant of Mayors for Climate & Energy (GCoM), and the Covenant of Mayors Europe in organising this event, A New Era for the European Renovation Wave: Sharing Perspectives, on the 20th of March in Brussels.

Building renovations are key to improving energy efficiency and energy security, lowering energy bills, creating local green jobs, and improving quality of life. Cities play a key role in delivering the benefits of fossil-free and energy-efficient buildings.

Ahead of the European elections, this event will bring together mayors, deputy mayors, business associations, EU policy makers and key stakeholders to take stock of the progress so far and discuss challenges and opportunities for the future regarding building renovations, following also the update of the European climate and energy legislation.



13.30 – 14.00 Registration and coffee

14.00 – 14.10 Welcoming remarks

Benjamin Jance, Head of Research and Innovation at Global Covenant of Mayors for Climate & Energy (GCoM)

14.10 – 14.25 Opening remarks by a keynote speaker

Brian Motherway, Head of the Office of Energy Efficiency and Inclusive Transitions, IEA (online)

14.25 – 15.20 What comes next for building renovations in Europe and the role of the cities

Moderator: Marnie McGregor, GCoM

  • Nina Neumann, Team leader, Legislative Development and Enforcement, DG ENER, European Commission
  • Peter Dermol, Mayor of Velenje, Slovenia
  • Ralf Goldmann, Head of Division, Energy Efficiency and Energy Advisory, European Investment Bank

15.20 – 15.45 COFFEE BREAK

15.45 – 16.45 Enhancing cooperation between cities and stakeholders to boost local action on buildings 

Moderator: Oliver Rapf, Executive Director, Buildings Performance Institute Europe (BPIE)

  • Andrea Tobia Zevi, Deputy Mayor of Rome for Heritage and Housing, Italy
  • Britt Berghs, project coordinator ‘Linkeroever (Left Bank)’ Climate Neutral 2030 for the city of Antwerp, Belgium
  • Julien Dijol, Director of Policy, Housing Europe
  • Walburga Hemetsberger, CEO Solar Power Europe
  • David Ducarme, COO and Deputy CEO Knauf Insulation, Partner of the Renovate Europe Campaign

16.45 – 17.00 Concluding remarks

Adrian Joyce, Renovate Europe Campaign

17.00 Cocktail reception

Renovate Europe Day 2023 in Madrid, Spain

Mark your calendar and join us on the 3rd of October in Madrid where the Renovate Europe Day conference will take place this year.

This high-level conference will be the moment to take stock of progress in the Spanish context, take inspiration from good examples on the ground and better understand why an ambitious Buildings Directive is crucial for energy security, climate action, citizens and the industrial competitiveness of Europe.

  • Date: Tuesday 3rd October 2023
  • Location: Commission Representation in Madrid (Paseo de la Castellana, 46)
  • Co-organisers: Renovate España (Green Building Council España GBCe, Confederación Nacional de la Construcción CNC), Ecodes and Climate Action Network (CAN) Europe
  • Translation: English/ Spanish translation will be provided throughout

BUILD UP Webinar - The clean energy transition for buildings: Professional associations enhancing renovation skills

Our Vice-Chair Alice Corovessi (Managing Director of our Greek national partner INZEB) moderates a panel discussion at the BUILD UP webinar “The clean energy transition for buildings: Professional associations enhancing renovation skills.”

Watch here.

C4E Forum Webinar - Empowering Central and Eastern Europe through Energy Efficiency: Navigating Energy Security, Fit-for-55, and Rebuilding Ukraine

Revisit our webinar “Empowering Central and Eastern Europe through Energy Efficiency” to get a preview of the exciting topics that will be covered at the C4E Forum conference in Šamorín, Slovakia on May 23-26, 2023.

REDay2022 - Eyes on the Horizon: Renovating our Buildings to REPower the EU

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.