Energy Efficiency in Buildings

Buildings account for 40% of total energy consumption in the European Union, more than half coming from the residential sector. Improving energy efficiency in buildings represents an opportunity to address the challenges of economic development, climate change and energy security. Some new buildings benefit from exemplary energy performance, but the greater part of the saving potential has to be accomplished in the already-existing vast building stock. With estimates showing that approximately 75% of the current EU building stock will be standing in 2050, it is easy to understand why existing buildings are the primary challenge.

Financing Energy Efficiency in buildings is a major challenge, and a significant proportion of the energy-efficiency improvement potential is not being realized. It is important to address the existing barriers that constrain energy efficiency improvements in buildings and understand how a more active uptake by the market can be stimulated. There are specific national and European Union financial instruments that are being put into place and adjusted to properly address these challenges.

By using the right policy framework, the EU and national governments can play a crucial role in promoting energy efficiency and enabling more investment in the building sector.