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The European Union has made energy savings in buildings one of the cornerstones of the bloc’s efforts to cut dependence on imported fuel. But private investors are still wary of unlocking the trillions of euros of capital needed to renovate Europe’s ageing building stock.
This Special Report examines private and public sources of capital for energy efficient renovation, looking at the role of EU policymakers and some of the benefits driving efficiency investment.
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Trillions of euros of energy efficiency investment up for grabs
European Union policymakers have made energy efficiency, particularly in buildings, central to their plans to create an Energy Union. But they must convince private investors to unlock trillions of euros of capital.
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Pension fund: EU should promote ‘one-stop shop’ for housing renovation
Homeowners typically don’t have the capital to invest in energy renovation solutions, despite the proven returns. Danish pension fund PKA helps bridge that gap with a one-stop-shop solution which, it believes, could be replicated across Europe.
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Energy efficiency entrepreneur: EU targets should be higher
Ambitious European Union targets to boost energy efficiency can unlock much-needed private investment, Peter Sweatman told EURACTIV.com. But the current targets are not high enough, said the rapporteur on the Energy Efficiency Financial Institutions Group (EFFIG).
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Central Europe slow to embrace new finance for housing renovation
The European Commission is emphasising the use of loans and guarantees to attract private funding in support for energy efficiency renovation projects. But Central European countries are only slowly catching up with this trend. EURACTIV Czech Republic reports.
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Back to front: Struggle to renovate EU building stock persists
The renovation of the EU's building stock is seen as critical in achieving the bloc's climate change targets. Ahead of the revision of key EU legislation in the sector, EURACTIV takes a hard look at what's on the table, the challenges ahead and how they can be addressed.
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Inaction on building renovation is ‘costing lives’
Energy efficiency renovation can alleviate fuel poverty and bring a raft of health and societal benefits. While the EU could do more to boost renovation, several governments have shown that effective answers can be found at a national level.
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Latent demand, not funding, is biggest obstacle for building renovation
A lack of demand for housing renovation – not a funding shortage – is the biggest obstacle to reaping the benefits of energy savings, seen as an unexploited 'golden goose' to tackle climate change and improve energy security.