Renovation Wave: doubling the renovation rate to cut emissions, boost recovery and reduce energy poverty
Buildings are responsible for about 40% of the EU’s energy consumption, and 36% of greenhouse gas emissions from energy. But only 1% of buildings undergo energy efficient renovation every year, so effective action is crucial to making Europe climate-neutral by 2050. With nearly 34 million Europeans unable to afford keeping their homes heated, public policies to promote energy efficient renovation are also a response to energy poverty, support the health and wellbeing of people and help reduce their energy bills. European Commission