Europe’s building sector is at the heart of the continent’s climate ambitions, yet it faces a substantial investment gap in retrofitting existing structures to meet climate-neutral standards. Public funding alone cannot support the scale of transformation required, prompting the need for innovative financing models that can attract private capital and ensure long-term sustainability.

The MESTRI-CE project is working to address this challenge by engaging key stakeholders in the construction and finance industries. Through targeted consultations, it aims to assess the financial viability of retrofit projects, identify barriers to investment, and explore tools that can improve access to green finance. The focus is on making building upgrades more bankable and appealing to investors.

To support this effort, the project will produce a market gap analysis and a joint strategy tailored to the building sector. These outputs will guide policymakers, developers, and financial institutions in creating a more supportive environment for climate-friendly renovations. By strengthening cooperation and confidence across sectors, the initiative seeks to accelerate the transition to a greener built environment.