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

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