Feedback: Taxonomy Delegated Act screening criteria

EuroACE gave its feedback on the Commission’s draft Taxonomy Delegated Act setting out the technical screening criteria for sustainable activities.

Excellent requirements for new buildings and for the acquisition of buildings: a primary energy demand 20% lower than the nZEB standard for new buildings, and at least EPC class A for acquisitions, set the right ambition.

The 30% requirement for the renovation of existing buildings is too low. A 30% reduction of primary energy demand is not putting us on track to meet our climate and energy goals, nor to reach a building stock that is “highly energy efficient and decarbonised by 2050” as required by the EPBD. As energy renovation only happens every 30 to 50 years in the life of most buildings, such a low threshold would create a lock-in effect and stranded assets.