How to best use financial and non-financial incentives for renovation in implementing markets
The primary added value of the iBRoad2EPC concept is that it can significantly enhance the quality of EPCs and the effectiveness and acceleration of deep renovation interventions. Financial and non-financial incentives play a key role in facilitating these deep renovations, which are associated with high costs. The integration of iBRoad2EPC into financial and non-financial incentive programmes can improve their effectiveness by:
(1) prescribing clearer guidelines for public administrations on what renovation interventions should be incentivised with priority;
(2) tying the exact amount of funds to specific and measurable energy improvements; and
(3) providing building owners with clear, reliable and actionable information, thus making renovations more accessible.
This report examines how the approach developed in the iBRoad2EPC project can be used in incentive schemes for renovation in the six iBRoad2EPC pilot countries – Bulgaria, Greece, Spain, Poland, Portugal and Romania. It starts by individually assessing the role of EPCs in various current financial and non-financial incentive programmes for building renovation and their alignment with the Long Term Renovation Strategies (LTRSs). It then identifies opportunities and provides recommendations for integration of the iBRoad2EPC concept into incentive programmes to increase their effectiveness.
The report was published in November 2023.
