
EU Parliament approves the Energy Performance of Buildings Directive!
The EPBD includes unprecedented energy efficiency standard on mortgages to unlock the renovation wave
The EPBD includes unprecedented energy efficiency standard on mortgages to unlock the renovation wave
On the 16th of February, the European Parliament adopted a resolution offering a solution to the long-neglected secondary mandate of the European Central Bank (ECB) but fails to acknowledge the link between our dependence on fossil fuels and price stability.
Extreme weather events are growing in size, power and frequency, meaning our economies are increasingly disrupted. We show how this results in climateflation, which poses a dilemma to the ECB’s policymaking. In a world plagued by supply shocks induced by climate change, conventional monetary policy faces complicated trade-offs in terms of economic activity and prices, while at the same time proving incapable of tackling the source of inflation.
In a vote this morning, the European Parliament’s committee on energy adopted an ambitious position on the review of the Energy Performance of Buildings directive, with stronger standards and obligations to renovate while ensuring financing will be available for people in the form of subsidies and bank loans.
The ECB has its say on the energy performance of EU buildings. Here’s why this is a good news
The ECB can reconcile its price stability mandate with the EU’s environmental and economic objectives by offering differentiated lower rates for particular types of investments such as energy efficiency and renewables.
As a supporter, you’re at the heart of everything we do. We’d love to keep you updated about our exciting work and the ways you can help, including campaigns and events that you might be interested in. We promise never to sell or swap your details and you can change your preferences at any time. To do so, simply call +32 2 880 04 34 or email info@positivemoney.eu