High interest rates are a threat to the green transition

High interest rates are a threat to the green transition

To reach net zero by 2050, the EU’s investment efforts are focused on two main areas: renewable energy and energy efficiency. The urgency for action has increased immensely given the current energy crisis. While the overall costs of green technologies have been decreasing and the scale of investments has been accelerating, the sudden and successive interest rate increases threaten to have a negative impact on the cost and the speed of the green transition. Only targeted monetary and fiscal interventions can counter the effects of rising rates and a deteriorating investment environment.

Unlocking home renovation in Europe

Unlocking home renovation in Europe

As bills rise, the planet gets hotter, and the energy crisis rages, fuelled by foreign fossil fuel exports, it’s clear that we cannot continue to burn fossil fuels as we do now. In the European Union (EU), buildings are currently responsible for 36% of carbon emissions – we need to take urgent measures to reduce energy use in our homes. Our people-powered “Unlock” campaign is based on three key demands to make this happen.

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