Europe’s energy efficiency challenge in buildings mainly concerns the energy efficient refurbishment and investments in its existing buildings. Yet, today, only 1,2% of Europe’s existing buildings is renovated every year.
To improve the conditions for financing circular economy projects, the EU Expert Group on Circular Economy Financing analysed barriers and identified the main areas where incentives need to be provided.
The ABRACADABRA project is developing a toolkit, targeting policy makers, with a focus on regulatory challenges and opportunities for boosting energy retrofitting of buildings. For this purpose, the project will investigate regulatory issues, as well as available good practices, in the project’s target countries (Bulgaria, Greece, Italy, Latvia, Norway, Romania, Spain, and the Netherlands).
Retrofitting has been proposed as a method to significantly reduce energy consumption and emission derived from the housing sector. Having said this it remains clear that severe restraints remain; and the concept of a “one solution fits all” is at the very least unrealistic.