IMPACT ON PUBLIC FINANCES
A STUDY BY COPENHAGEN ECONOMICS Released at Renovate Europe Day, 11 October 2012 The Renovate Europe Campaign reached out to 28 Finance Ministers to highlight the Multiple Benefits of Investing in Energy Efficient Renovations as outlined in this Report. Download the Key Messages Brochure Download the Full Report and Appendix
Energy Efficiency Policies in Buildings – the Use of Financial Instruments at Member State Level
The BPIE report highlighted the complexity of the sector in large part because Member States had over decades separately developed their buildings sectors in terms of policies, design and construction techniques. The report showed a mosaic of building cultures and policies. Policy-making cannot be undertaken effectively in a knowledge vacuum. With buildings representing about 40% of energy consumption and almost the same level of GHG emissions, there is a need for a strong analytical foundation for policy-making, particularly when there are priority policy concerns such as energy security and…
The Energy Efficiency Directive – Ready for Take-Off if Member States Act Decisively
Will the Energy Efficiency Directive, as agreed by the Member States, the European Parliament and the European Commission on the 13th June fly? It has elements in it that could, if properly and fully implemented at Member State level, see increased energy efficiency take-off, but its propositions on building renovations will not contribute as much as they could to the voluntary target of a 20% increase in energy efficiency by 2020! For the existing EU building stock, the text is not as ambitious as it could have been as the Member States remain unconvinced about the huge social, environmental…
Renovate Europe issues concrete recommendations on financing energy efficiency
What are the challenges ahead for financing energy efficiency in the next Multi-Annual Financial Framework period? Which successful examples of financing instruments and partnership models can be promoted to encourage further investment in energy efficiency? Which initiatives need to be supported at the national and EU level to ensure that the potential of energy efficiency is transformed into real long-term economic benefits in the future? Workshop on the Multi-Annual Financial Framework Knowledge Building Workshop on the use of the MFF for Energy Efficient Investments in Buildings On…
Open Letter to Finance Ministers in the Member States of the EU
Dear Ministers, We write to you to let you know that strong provisions on buildings in the EU Energy Efficiency Directive is a real economic opportunity. Good for business, good for competitiveness and growth, and good for job creation. Energy efficiency lifts our economies from the heavy burden of energy dependency and, in addition to helping us to meet our common climate protection goals, enables public and private revenue to be invested in more valuable areas than energy wastage. As a result, the building provisions in the EU Energy Efficiency Directive are supported by the broad coalition…
Open Letter to Finance Ministers of the EU Member States
Are you seeking low risk investments which offer high returns, stimulates growth and creates local, long-term jobs for your national economy? Then look no further than energy efficiency in buildings and seize the opportunity to support strong provisions for buildings in the EU Energy Efficiency Directive. This is the advice the Renovate Europe Campaign has addressed to the 27 EU Finance Ministers in an Open Letter.