Request Free Trial

Brussels Briefing: MEPs vote to decarbonise Europe’s building stock

Commercial and residential properties in Vienna
The new rules call for EU member states to renovate 16% of the worst-performing, non-residential buildings by 2030 and the worst-performing 26% through minimum energy performance requirements by 2033 (Photo: Andrey Rudakov/Bloomberg)

Mandatory mortgage portfolio standards are absent from the Energy Performance of Buildings Directive, while dairy farms are exempted from the revised Industrial Emissions Directive

Campaigners are celebrating after MEPs voted in favour of the EU’s Energy Performance of Buildings Directive, aimed at reducing emissions and energy use by the sector. Mandatory mortgage portfolio standards, which many had insisted were vital to align banks with the union’s renovation ambitions, were not included in the final text.

To continue reading

Request Free Trial
  • Unlimited access to all content
  • Email alerts highliting key industry insight.
  • Invitations to attend exlusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines
Already a subscriber?Log in
A service from the Financial Times