Report evalutes EU Cohesion policy support for energy efficient buildings

On 30 November 2015, the Institute for European Environmental Policy (IEEP) together with the Danish consultancy Ramboll evaluated the contributions of the 2007-2013 Cohesion Policy programmes to energy efficiency in public and residential buildings on behalf of the European Commission. 

According to the report, energy efficency in public and residential buildings is a new area for European Regional Development Funds (ERDF) / Cohesion Funds (CF) investments, with the scope of such funding enhanced thanks to changes in the legislation.  Between 2007 and 2013, EUR 6.1 billion was allocated in total by the ERDF/CF to the “Energy efficiency, co-generation, energy management” priority theme.  An estimated EUR 3.4 billion were allocated to support energy efficiency in public and residential buildings.  The majority of these investments were allocated to projects providing some form of support for public buildings. Around half covered residential buildings. 

In terms of the outcomes, the evidence regarding the achievements of indicators of energy efficiency in public and residential buildings during this period provides an incomplete and mixed picture. Finally, the report recomends that the Member States programme authorities should actively examine loans and other mechanisms (such as energy service contracts) as a more cost-efficient means of supporting energy efficiency.

More information: Report

Tags: finance, energy efficiency, funding

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