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EU’s building renovation wave hits administrative snag
(EurActiv, 10 Jun 2021) Differing views within the European Commission on how the EU’s unprecedented recovery fund can be spent, and a rush to translate national spending plans from their original language, risk slowing down the EU’s building renovation wave, experts say.
The EU launched the €750 billion recovery fund to help countries relaunch their economies and “build back better” after the COVID-19 pandemic.
In a major win for the European Green Deal, 37% of the money will be set aside for climate-friendly expenditure, such as renewable energies, electric vehicle charging points, or building renovation.
The European Commission launched a building renovation wave in October last year, aiming to rally popular support behind plans to cut emissions from buildings and reduce energy bills.
Spending on renovation is like killing three birds with one stone: it boosts local economies, tackles energy poverty and reduces greenhouse gas emissions, the EU executive argues.
But to be effective, the renovation wave needs close coordination between the EU and all levels of government at the national and local level. And there are concerns this may not be happening.
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EurActiv, 10 Jun 2021: EU’s building renovation wave hits administrative snag
