Friday 3 August 2012

Europe Unveils Strategy And £120 Billion In Incentives To Turn Construction Industry Green

European Commission unveils new strategy to incorporate energy efficiency as a standard in all areas of construction industry.

Standard design and construction practices are to be put in place around Europe, to create a level playing field for construction companies to work in other member states around the EU. The emphasis will be on energy efficient building design and practice, with a a package of £120 billion in loans available from the European Investment Bank (EIB).

Renovation and maintenance of buildings and the promotion of mutual recognition of sustainable construction systems and the improvement of resource efficiency will be paramount in the aims of the agenda. The strategy has been unveiled to take advantage of the potential of low energy buildings and to help restore sustainable growth.

The European Commissioner, Vice President Antonio Tajani, Commissioner for Industry and Entrepreneurship, said: "In the current severe economic and social crisis, low energy buildings are safe and viable investments for society and private investors. The construction sector should see this as an opportunity to innovate and attract new talent. New technologies offer major potential, not only for new houses, but also for renovating millions of existing buildings to make them highly energy efficient in line with the EU 2020 objectives. Let's not miss this opportunity. The construction sector can become a driver of sustainable growth.”

Efforts to improve energy efficiency and to integrate renewable energy technologies in the construction industry, have been progressing slowly in Europe, especially in renovating or retro-fitting old buildings and this will give a much needed boost to that area. British Commercial building stock is responsible for a significant amount of our total carbon emissions and retro-fitting these old buildings is an important step towards bringing us closer to our emission target goals. With demand for Commercial EPCs (Energy Performance Certificate) on the rise across the board, as a result of legislative strictures now in place to ensure energy efficient building standards and practices are enforced, the construction industry has already experienced operational and behavioural changes in the UK.

This new strategy is encouraging, as it sets out a clear statement of intent from Europe to make sustainable building design and energy efficient technologies a new standard for the construction industry. This will help significantly in the battle against climate change by the provision and maintenance of low to almost-zero carbon buildings and set up a European workforce of newly skilled labourers, trained in the field of energy efficient building design and renewable technologies.


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