Topic of the Month (October 2024)
Each month a relevant topic and several sub-topics are covered in detail. For the Topic of the Month, content following a common thread is developed by BUILD UP Editorial Board in collaboration with the Board of Ambassadors and other relevant experts in the field. This includes producing articles, case studies, webinars and more, all in line with the specific topic selected. Relevant events are also identified and highlighted.
Topics of the Month are announced at the end of the previous month in our website and newsletter. Please write us if you wish to know more about our upcoming topics of the month.

New York City Mayor Eric Adams launched the GreenHOUSE Fund to help building owners comply with Local Law 97 by financing decarbonisation projects in affordable housing, particularly benefiting low-income residents, while also promoting improved air quality and job creation.

SolarLab secured €1.6 million from Nefco to expand its production of solar facades, relocate operations to Denmark, and establish a US sales office, supporting renewable energy in construction.

Innovative buildings and materials are essential for reducing the 39% of global energy-related carbon emissions, with strategies like interest-free financing and energy-as-a-service models for retrofitting, enhancing energy efficiency through advanced technologies.

MBH Mortgage Bank is increasing green real estate financing EUR 21.1 million for energy-efficient projects, following a successful bond auction that raised nearly 31.2 million.

Buildings in the EU contribute significantly to environmental issues, prompting the need for a comprehensive policy approach to promote sustainable practices across their life cycle, including prioritising renovation, circular construction, low-impact materials, climate resilience and ensuring affordable housing through participatory decision-making and subsidies.

Companies prioritising energy efficiency and retrofitting buildings will benefit from lower costs, regulatory resilience, and sustainability, while those waiting for cleaner energy grids may fall behind.

The manifesto calls for coordinated EU policies to create a just and resilient built environment, addressing social and climate challenges.

While the path to decarbonising Europe's building sector is fraught with challenges, adopting diverse and innovative financing mechanisms for building renovation is crucial to achieving the objectives of the European Green Deal. This article provides a non-exhaustive overview of the current financial instruments available for stimulating building renovation in the EU, sheds light on the obstacles impeding access to these resources and explores ongoing policy efforts and solutions to accelerate the transition towards a more energy-efficient built environment.
