The European Commission launched on Monday 11 May a consultation on its roadmap for the ‘Renovation Wave’ initiative.
Expected for the third quarter (see EUROPE B12480A18), this initiative aims to address the low rates of energy-efficient renovation of buildings in the European Union – the current weighted rate is only 1% – by at least doubling them in the coming years.
According to the Commission, by reducing energy consumption, the renovation of buildings will not only reduce...