How to use EU Cohesion policy funding to finance the energy renovation of buildings? This is the question answered by the European Commission in a useful and very detailed technical guidance released this week.
Europe has set clear targets for tackling the energy consumption of European buildings: by 2020, all new EU buildings should be nearly zero-energy consumption buildings. Cohesion policy funds will play a major role in achieving this target, allocating a minimum of €23bn to sustainable energy over the 2014-2020 period.
Even though it is mostly addressed to Cohesion policy managing authorities, this guide will be very useful to anyone – company or household – attempting to understand the fundings available for buildings’ energy efficiency, as it provides a clear and practical overview of the (numerous) steps involved and of the various financing options available.
It is a clear sign that the EU is not only committed to achieving its 2020 target, but also that it intends to make the processes and EU tools available and clear to all Europeans. And polyurethanes clearly have a role to play in helping Europeans and industries to become more energy-efficient and more competitive: one of the most important application of polyurethane in buildings is house insulation (see our example of the polyurethane passive house). Either utilising the material in new construction projects or when renovating your home, polyurethanes can help you reduce your energy consumption by up to 40%!
For a quick overview of the fundings available, see the diagram below: