Effective Financing Tools for implementing Energy Efficiency in Buildings (EFFECT4buildings)

Reducing energy consumption and energy dissolution is becoming increasingly important for the EU and is a strategic priority. Investments in energy efficient technology and renewable energy contribute to achieving the EU’ s energy and climate goals while creating economic growth. Housing and premises account for a large part of energy use. The EU Energy Performance Buildings Directive contains several provisions to improve energy efficiency in both new and existing buildings. It is a requirement that existing buildings undergoing major renovations apply the minimum energy performance requirements. All new buildings must have a near-zero energy consumption by 31 December 2020. There are also requirements for energy certification of buildings or building units, periodic inspections of heating and air conditioning systems in buildings and independent control systems for energy certificates and inspection reports.