Slovakia aims to renovate 40,000 homes in recovery plan

The country’s environment ministry intends to implement the first projects by 2022, though it remains unclear how exactly the support scheme will work, especially since discussions with various regions and groups are still pending. [Shutterstock/Franck Boston]

The Slovak national recovery and resilience plan will direct investments worth half a billion euros into the renovation of 40,000 detached houses to ensure the recovery plan is “closer to the people”, announced Environment Minister Ján Budaj (Ordinary People and Independent Personalities).

The country’s environment ministry intends to implement the first projects by 2022, though it remains unclear how exactly the support scheme will work, especially since discussions with various regions and groups are still pending. 

However, the turnaround time for the renovations has promised to be quick, with Budaj saying he wishes to absorb 45% of the renovation funding in the first two years. According to the proposed scheme, households should receive the support of approximately €10,000, money which the ministry hopes people will combine with their own resources or bank loans.

“The upcoming renovation wave will be demanding in terms of logistics, as it will involve the renovation of about 40,000 family houses. We don’t want to renew the houses with a new gas boiler or insulation. Comprehensive renovation will be subject to professional assessment and will contain many components, such as insulation, water and waste management and other climate measures,” Budaj has said. 

According to Ľubica Šimkovicová, president of the Passive Houses Institute, solidly implemented renovations can lower the carbon emissions of households by as much as 80 to 90%. 

Under the recovery plan, €700 million will go to the renovation of buildings, while €200 million will go to the renovation of public historical buildings. Some non-governmental organisations suggest the ministry of finance, responsible for drafting national recovery and resilience funds, should allocate another €300 million for the renovation of historic buildings, and therefore match the sum allocated for detached houses. (Michal Hudec | EURACTIV.sk)

Subscribe to our newsletters

Subscribe