Can a Renovation Revolution Cut Europe’s Building Carbon Emissions?

January 31, 2025

The need to address carbon emissions from Europe’s buildings is more pressing than ever, given the urgent climate targets set by the EU and the global community. Initiatives such as the Climate Group’s new handbook, developed with contributions from major companies like Carrier, CBRE, Danfoss, Rockwool, Siemens, Signify, and Velux, offer critical insights into how a ‘renovation revolution’ could be achieved. This comprehensive guide emphasizes the importance of enhanced cooperation among governments, businesses, and financial institutions to significantly ramp up the annual renovation rates of buildings across Europe.

A significant increase in renovation rates is essential to meet the EU’s climate objectives and the COP28 energy efficiency pledge. By working together, these sectors can enact ambitious renovation strategies that will not only reduce carbon emissions but also contribute to achieving broader sustainability goals. The handbook underscores that without a concerted effort from all parties involved, these ambitious renovation goals might remain out of reach. However, with sustained commitment and collaborative action, substantial progress towards reducing Europe’s building carbon emissions is possible.

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