France Wants Share of Euro Commission's Energy Fund

THE French government has applied for funding from the European Commission's 315 billion euro investment plan to help launch its energy transition programme, EurActiv reports. 

France submitted a list of 32 projects to the European Commission, hoping to receive the funding from Jean-Claude Juncker's euro investment plan.

One of the targeted projects is a financing plan for France's energy transition, which is designed to provide funding for the renovation of public buildings without adding to the public debt.

The project was launched in November 2013, and according to a recent report, "an investment of 120 billion euros over three years in energy efficiency renovation in public buildings would create 600,000 jobs over the same period”.

The report also stated that "120 billion euros of investment in Europe's public buildings would lead to cuts in energy usage and CO2 emission of 10 to 15%".
Renovating public buildings.

The aim of the energy transition financing mechanism is to create partnerships between public and private entities to fund the renovation of medium-sized public buildings (spending around one million euros), such as schools, offices and hospitals, but not including social housing.

"We cannot fight climate change if we do not bring down our energy consumption," said Alain Grandjean, a member of the Scientific Council of the Nicolas Hulot Foundation.

Germany has also agreed to work closely with France to improve the energy efficiency of its buildings, by supporting public-private cooperation in innovative renovation pilot projects.

Read the full article here.

Picture: Thermogram of a Passivhaus building reproduced under CCL.

Friday 12th December 2014

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