Tuesday, November 23, 2021

EU funds the energy efficiency improvements in buildings

 Around EUR 25 billion have been allocated in energy efficiency investments in buildings from EU funds over the period 2014-2020, while more than half of these fundings (EUR 12.7 billion) have been invested in the public sector, according to the recent JRC report " Financing energy renovations at local and regional levels. European status and good practices".

Public procurement and grants & subsidies represent more than 80% of all financial instruments adopted and reported by local authorities for the achievement of the 2030 target within the Covenant of Mayors (CoM) initiative.

Source: https://lnkd.in/ghf8kAK9