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Financial support for energy efficient buildings consultation launched

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The European Commission has recently launched a consultation with the aim of identify how financial support for energy efficiency in buildings could be improved. As highlighted in the consultation paper, the EU is not on track towards achieving a 20% reduction in energy consumption by 2020.

In this respect, with buildings accounting for around 40% of the EU’s final energy consumption, it is clear that they have an important role to play in order to achieve the 20% reduction target. It is for this reason that financing instruments are required to stimulate investment in improving the energy efficiency of buildings. In addition, although the paper outlines a number of financial support mechanisms, it makes it clear that these are not sufficient. Thus, the aim of this Commission consultation is to identify ways of strengthening financing in this field.

CEMBUREAU plans to respond to this consultation as a member of the European Concrete Platform (ECP).