Efficiency and affordability in Parliament’s draft report on the EU housing crisis
HOUS Committee rapporteur MEP Borja Jimenez Larraz has released his draft report on the housing crisis in the European Union.
The report provides a strong starting point for negotiations, calling for:
- Accelerating the pace and scale of new construction and renovations
- Simplifying permitting procedures
- Increasing digitalisation across the sector
However, one aspect needs stronger recognition: the benefits of energy renovations. Upgrading the energy performance of buildings doesn’t just cut emissions, it also:
- Reduces day-to-day energy bills, improving affordability and comfort
- Unlocks vacant properties, increasing housing supply
How can we make this happen?
- Leverage Fit for 55 legislation: Implementation of these files should be highlighted as a key driver to scale up action.
- Mobilise financing: Beyond grants, we need loan guarantees, subsidised interest rates, and capital rebates to attract private investment. Updating the EU Taxonomy to reflect these objectives is also essential.
- Invest in the workforce: Availability and skills, both in public and private sectors, are crucial for delivering efficient buildings, whether new or renovated.
Efficient buildings are central to solving Europe’s housing challenge: they reduce energy and water bills, making homes more affordable.
Want to learn more about the role of energy efficiency in boosting affordable housing? Check out our position paper below!
