The building sector, as it stands today, is a major contributor to greenhouse gas (GHG) emissions in the European Union. It remains highly dependent on fossil fuels, has yet to embrace circularity, and is not seeing the renovation activity necessary to meet climate goals and improve people’s wellbeing. The Renovation Wave strategy published by the Commission on October 14, 2020 calls for faster and deeper renovation and is comprehensive and far-reaching. Its premise is that to contribute to a higher 2030 climate target and decarbonise the building sector, a wide range of policies, measures and tools must be put in place at all levels to overcome existing barriers and mobilise all actors, including citizens, local authorities, investors and the construction value chain.
We are happy and proud to see that the RenOnBill project is cited as one of the best practices in the Staff Working Document accompanying the communication, as financing schemes with high potential of scaling up building renovation/innovative deployment of EE financing products by commercial banks, on-bill and on-tax financing.
Read the Staff Working Document where RenOnBill is mentioned.