- With the Renovation Wave Strategy, the European Union aims to double renovation rates in the next ten years and make sure renovations lead to higher energy and resource efficiency.
In the latter part of 2020, the European Commission launched its Renovation Wave Strategy which aims to at least double renovation rates in the next ten years and make sure renovations lead to higher energy and resource efficiency.
This results in an improvement in the quality of life of people living in and using the buildings, in the reduction of Europe’s greenhouse gas emissions, in the foster digitalization and in the improvement the reuse and recycling materials.
The goal is that by 2030, 35 million buildings could be renovated and up to 160,000 additional green jobs created in the construction sector.
Renovation Wave Strategy will prioritize action in three areas: decarbonization of heating and cooling; tackling energy poverty and worst-performing buildings; and renovation of public buildings (schools, hospitals, administrative buildings and others).