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In a letter sent to vice Executive Vice-President Timmermans and Commissioner Simson, Renovate Europe highlights the contradiction between the objectives of the Renovation Wave Strategy and the ongoing work on the EU Taxonomy screening criteria.

The draft EU Taxonomy screening criteria indicates that building renovations only need to deliver a 30% reduction of primary energy demand while it is widely acknowledged that at least 60% energy savings are necessary to meet the EU’s climate goals. In addition, the 30% criteria could lead to improper energy renovations which would hamper the energy saving potential of the building sector and the EU ambition to become the first climate-neutral continent by 2050.