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April 23, 2024

Czech environment minister calls for EU public-private finance tool to boost green housing renovation

The construction site of a wooden framework building, part of a collective eco-housing programme in Paris
An eco-housing development in France. The EU wants new buildings to be energy efficient, which could require funding initiatives similar to the Czech Republic’s green saving programme (Photo by Eric Piedmont/AFP via Getty Images)

The EU Energy Performance of Buildings Directive wants the EU building sector as a whole to be climate neutral by 2050 — but it will need funding

Czech environment minister Petr Hladik has called for an “EU-wide facility” that mixes public and private capital to accelerate the renovation of housing, in line with EU plans for new buildings to be zero emission from 2030 and the bloc’s building sector to be climate neutral by 2050.

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