Briefing 3/2020: financing deep energy renovation, the roles of policy action, public-private partnerships and financial tools for private dwellings

Some 80% of the investment needed to meet the EU’s 2030 energy savings targets is on the demand side, and 71% of it must go to the residential sector, which is particularly challenging because the need for action and financing is extremely granular.

Boosting the renovation rate to 3% a year would cut energy demand in buildings by 80% by 2050 and total EU energy demand by 30%, lower energy bills and could boost GDP by 0.7% a year. This briefing looks at the need for strong policy, the potential of public-private partnerships and the financial tools for private dwellings.