EMERGENCIES

FIGURE 1 ▪ Distribution of the building stock in the EU per Energy Performance Certificates class Source: While the link between climate mitigation and large-scale deep-renovation is widely acknowledged by all levels of government in the EU, the majority of renovations undertaken in the residential sector. [...] As a comparison, Germany estimated the cost of the COVID pandemic at 34% of its GDP71, while France is expected to spend 18% of its GDP over the 2020 – 2023 period on covid 19 recovery measures72, the majority of which will not have the transformational impact expected from the Renovation 8 ▪ 13 Wave leading to massive job creation and the reduction of the European dependance on costly imported fo. [...] Underwriting the Annexes to the study ‘Lessons learner to inform integrated Renovation Wave with Mortgage Portfolio Standards for Energy approaches for the renovation and modernization of the built Efficiency. [...] A “renovation fee” can be applied on the rent following Annexes to the study ‘Lessons learner to inform integrated renovation by the landlord, but should not go beyond 8% of approaches for the renovation and modernization of the built the initial rent. [...] Annexes to the study ‘Lessons learner to inform integrated Annexes to the study ‘Lessons learner to inform integrated approaches for the renovation and modernization of the built approaches for the renovation and modernization of the built environment’.