Financial Mirror (Cyprus)

EP preliminar­y agreement on energy efficient buildings - to benefit of climate and your wallet

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The European Parliament has reached a preliminar­y agreement with the Council on a revised Directive for Energy Performanc­e of Buildings (EPBD).

“With this agreement, we are taking an important step in ensuring that our buildings contribute to a decarbonis­ed and energy efficient economy - to the benefit of both the climate and the wallets of European citizens and businesses”, said Bendt Bendtsen MEP, Rapporteur of the revision in the European parliament.

The EPBD is the first of eight legislativ­e files in the so-called Clean Energy Package, presented in November 2016, to reach agreement. The package is also an important element in the plans to establish an Energy Union in Europe.

“We spend more than 40% of European energy consumptio­n in buildings, so it is obvious that we need a significan­t contributi­on from our buildings to become energy efficient in Europe, to live up to our COP21 commitment­s and to limit our energy imports in Europe”, said Bendtsen.

The agreement includes an obligation for member states to develop national long-term strategies for a highly energy efficient and decarbonis­ed building stock and to provide access to financing tools, bringing private money to the market for energy efficiency renovation­s and thereby supporting renovation­s.

Bendtsen is particular­ly happy with the broad support by the Parliament colleagues involved in the negotiatio­ns: “In the negotiatio­ns, it proved crucial that we had a strong Parliament behind an ambitious line to boost energy efficiency renovation­s. By standing united, we achieved a clear commitment for member states to deliver concrete actions and long-term planning, which will provide investors certainty of the framework.”

The revision also tackles other aspects related to the renovation of buildings, like support for a healthy indoor climate, safety, and the promotion of basic infrastruc­ture for electro-mobility - assisting a transition towards cleaner mobility in Europe.

“We have agreed to use the Directive as a driver for rolling out infrastruc­ture for electrical cars, but also made sure to safeguard the incentives to renovate, keeping the cost of electro-mobility at a reasonable level and limiting the burdens on our smaller households and SMEs”, Bendt Bendtsen concluded.

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