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Empower public authorities to establish a long-term strategy for mobilizing investment in the energy efficient renovation of the building stock

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Municipal strategies to mobilise investment and stimulate renovations

An EU-funded project has supported public authorities mainly in south-eastern Europe to prepare their municipal renovation strategies and the buildings that are best suited for deep renovation.

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Local authorities face a significant challenge in identifying the most suitable buildings and in securing the necessary funds to carry out deep energy renovations. However, when successful, they can reap major benefits that go beyond energy and monetary savings. Public authorities in countries in south-eastern Europe will benefit from the long-term strategies prepared by the EmBuild project. These strategies mobilise investment in the energy-efficient renovation of the building stock at local and regional levels. The goals of national strategies for the renovation of the building stock and their suggested measures often do not seem to reach the administrative levels where most public buildings are located. This challenge was addressed by the EmBuild. According to project coordinator Renate Schindlbeck: “Our approach was to mirror the national level strategy to foster renovation in the building sector through a local or regional approach.” Three-step approach for national renovation strategies on the ground EmBuild supported municipalities in developing local renovation strategies that follow a simple three-step approach: plan, invest and benefit. These local strategies are important building blocks for the national renovation strategies required under EU law. The EmBuild approach involved creating a stakeholder network of parties involved in the formulation, implementation and/or monitoring of building renovations. They also analysed the energy consumption of public building stock and its renovation needs; then reviewed potential measures and their profitability in order to set renovation priorities. EmBuild worked with local authorities to analyse existing market and governance barriers and propose actions on how to overcome these. They identified measures to attract investment and improve the investment climate. Finally, the project quantified current and future energy savings and the wider benefits.

Keywords

EmBuild, renovation strategy, investment, deep renovation, building sector, building stock, building renovation, refurbishment

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