Aiming For Efficiency: How are the Public and Private Sectors Working to Achieve the EU’s Directives?
2:15 pm - 3:45 pm
<strong>MODERATOR:</strong> <strong>Monica Frassoni</strong>, President, European Alliance to Save Energy
<strong>SPEAKERS: </strong> <strong>Dominique Ristori</strong>, Director-General for Energy, European Commission
<strong>DESCRIPTION:</strong> The European building stock is largely inefficient. Europe’s buildings absorb up to 40% of the EU energy consumption and are responsible of about 36% of CO2 emissions in Europe. The Energy Performance of Buildings Directive (EPBD) and the Energy Efficiency Directive (EED) provide the right regulatory framework to renovate the EU existing building stock. A successful renovation plan for Europe’s inefficient building stock will require that both directives are correctly transposed into Member States national laws and innovative financing models and policies, such as energy efficiency mortgages, new accounting rules for Energy Performance Contracting (EPCs), and building renovation oriented planning of post 2020 Multi Annual Financial Framework (MFF). The energy efficient renovation of buildings will boost economic growth, create jobs and improve living conditions for European citizens.