Skip to main content

Towards EU climate targets: financing building renovation and Integrated Home Renovation Services

A house being renovated
News
European Countries

Towards EU climate targets: financing building renovation and Integrated Home Renovation Services

28 November 2024
Ēkubirojs at EEDAL’24 highlighted the need for sustainable public-private financing to support home renovations and meet EU climate goals by decarbonising buildings and promoting energy-efficient solutions.
Editorial Team

The Ēkubirojs presented findings at EEDAL’24 on financing options for Integrated Home Renovation Services (IHRS), critical to achieving EU climate goals under the Energy Performance of Buildings Directive

EU aims include decarbonising buildings by 2050 and ensuring new public buildings meet zero-emission standards by 2028. Financing IHRS entities and enabling affordable renovations for residents are key challenges.

While public funding supports IHRS, private investment is needed for sustainability. Innovative tools, like energy-efficiency mortgages, complement traditional grants

Successful models include the Netherlands’ Nationaal Warmtefonds and Latvia’s LABEEF. Blending public-private efforts ensures energy savings, equity, and progress toward EU climate targets.

Ēkubirojs
Original source:
Themes
Policy and Regulatory Frameworks
Building Renovation
Financial support for energy efficiency in buildings, research and innovation