European Property Federation

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<THE NEW LONG-TERM RENOVATION STRATEGIES
June 15, 2020

In the immediate future, energy constraints and opportunities for real estate depend on:

  • the policies that each member state adopts to meet the EU GHG emissions reduction targets
  • the new wave of EU funding

The integrated National Energy and Climate Plans (NECPs) and the Long-term Renovation Strategies (LTRSs) are central to both. The NECPs cover all sectors including buildings. The LTRSs are building-specific and go into much more detail. They are meant to enable the Commission to:

  • judge whether the country will be on trajectory for meeting the EU emissions targets if it follows its plan
  • decide how to allocate EU Green Deal and Recovery Funding

EPF Secretariat advice to members on involvement in this process and analysis of the Dutch and Finnish LTRSs under epf20-39 of 29.05.2020