OVERVIEW | Successful renovations through innovative financing | Energy Transition in Europe | www.energy-cities.eu | Scoop.it
The big majority of the EU building stock needs to be upgraded. It is well recognised that in order to achieve a decarbonised building stock by 2050, renovation will need to move at a faster pace and attract considerable investment. Public funding alone is not enough to meet this target. Innovative financing schemes that will progressively maximise the leverage ratio of public funds to private finance are necessary.