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conclusions references

conclusions references Investing in energy efficiency of housing is a clearly beneficial way to combat energy poverty as it has many positive effects not only on growth, but also on social cohesion and environment quality, and helps to save costs in other policy areas as well (Housing Europe, 2015). However, mobilising the necessary funding and channelling the investment remains a challenge to projects. Several EU communications highlight that we would need to invest at least €100bn per year for energy efficiency, but the reality is that we have only half that amount of money available. For a smart use of the funds, we need a better understanding of the project management and financial support. We need to ensure that the renovation of housing will be among the eligible projects. Indeed, an obstacle is the long term payback time on investment, reducing the interest of private investors. Of course, the EU should, and could do more when investing in energy efficiency in buildings. Investing more in cost-effective renovation of buildings would significantly ease not only the issue of energy dependence and energy poverty, but help improve the living circumstances of its citizens, as well as creating jobs. In fact, the added value of the aforementioned new projects and practices towards this direction is clear. Of course, the combination of Cohesion Policy funds with other financing will require learning and creative thinking. Together with the contribution of EU Regional and Cohesion Policy and effective capacity building exercises, housing associations at national and regional levels will be encouraged to get closer to the policy objectives. However, the added value of the Cohesion Policy lies in the integrated approach to local development. Social inclusion should also be considered when looking at the different regional priorities. Social housing is a great example of social infrastructure that needs to be supported by the EU due to its contribution to social cohesion and sustainable development. ceb (2016a) Mission and history. Retrieved from: about/mission/ Accessed: 15-08-2016. ceb (2016b) How to access CEB financing. Retrieved from: Accessed: 01-09-2016. ceb (2016c) CEB approves new loans for social projects. Retrieved from: http:// Accessed: 01-09-2016. ceb (2016d) Projects focusing on rehabilitating run-down neighbourhoods and ensuring affordable housing in Portugal. Retrieved from: rehabilitating-run-down-neighbourhoods/ Accessed: 02-09-2016. cordis (2015) Self-organising Thermal Operational Resource Management. Retrieved: Accessed: 27-08-2016. dg regio (2015a) What has changed from 2007-2013? Brussels. Retrieved from: instruments/2007-2013-changes/ Accessed: 02-08-2016. dg regio (2015b) Low-carbon economy. Retrieved from: regional_policy/en/policy/themes/low-carbon-economy/ Accessed: 05-08-2016. eib (2014) Brandenburg Regionalentwicklung GD VI. Retrieved from: Accessed: 14-08-2016. eib (2015) Energy Efficiency in residential buildings. Retrieved from: Accessed: 13-08-2016. eib (2016a) Retrieved from: en.jpg Accessed: 14-08-2016. eib (2016b) Private Finance for Energy Efficiency. Retrieved from: Accessed: 13-08-2016. elena (2016) Support for the preparation of investments in sustainable energy. Retrieved from: Accessed: 14-08-2016. 164 WARM HOMES FOR ALL - TOOLS TO TACKLE THE WARM HOMES FOR ALL - TOOLS TO TACKLE THE 165 ENERGY POVERTY CHALLENGE ENERGY POVERTY CHALLENGE

energiesprong (2015) A solution to eradicate UK fuel poverty. A report following a Power House nearly Zero Energy Challenge study visit in the Netherlands. Februrary 4. Retrieved from: resource-424/energiesprong-a-solution-to-eradicate-uk-fuel-poverty Accessed: 24-08-2016. energy efficiency fund (2016) Retrieved from: objective-of-the-fund.html Accessed: 01-08-2016. european commission (2013) Horizon 2020 budget. 2013 November, Brussels. Retrieved from: press/fact_sheet_on_horizon2020_budget.pdf Accessed: 27-08-2016. european commission (2014) EU launches Investment Offensive to boost jobs and growth. Press release. November 26, Brussels. Retrieved from: Accessed: 01-08-2016. european commission (2015) Horizon 2020 Work Programme 2016 – 2017. Brussels. Retrieved from: data/ref/h2020/wp/2016_2017/main/h2020-wp1617-energy_en.pdf, page 30. Accessed: 21-08-2016. european commission (2015) The Investment Plan for Europe: Questions and Answers. Press release. July 20, Brussels. Retrieved from: Accessed: 28-08-2016. european commission (2016) Press release on the speech by EU Climate Action and Energy Commissioner Miguel Arias Cañete at the Bruegel event. February 8,. Brussels. Retrieved from: Accessed: 21-08-2016. european parliament (2015) How to end energy poverty? Scrutiny of current EU and Member States Instruments. Study for the ITRE Committee. Brussels. Retrieved from: RegData/etudes/STUD/2015/563472/IPOL_STU(2015)563472_EN.pdf, page 21. Accessed: 15-08-2016. housing europe (2015) State of Housing in the EU. Brussels. Retrieved from:, page 96-98. Accessed: 10-08-2016. housing europe (2015b) The sweet taste of a LEMON. Less Energy can create more investment opportunities in the social housing sector. Retrieved from: Accessed: 07-10-2016. lakatos, e. (2015) Structural Funds and Housing. Housing Europe, Brussels. Retrieved from: structural-funds-housing-in-2014-2020, page 7, 11, 18. Accessed: 09-08-2016. lakatos, e. and dijol, j. (2016) Financial support to social housing projects in Europe. Brussels. Retrieved from: resource-728/financial-support-to-social-housing-projects-in-europe page 12. Accessed: 07-10-2016. muscat, g. (2016) Intervention as the Head of Division Regional and Urban Development, EIB. Half-day EIB seminar organized by Housing Europe. June 13, Brussels. power house europe (2012) Energy refurbishment of 194 dwellings in the residence Les Roches. Case Study. Nantes. Retrieved from: single_view/?tx_phecasestudies_pi3[id]=164&tx_phecasestudies_pi3 [displaytype]=overview Accessed: 25-08-2016. power house europe (2015) Energy refurbishment of 140 dwellings in Avenida Jacinto Benavente. Los Limoneros Project. Malaga. Retrieved from: single_view/?tx_phecasestudies_pi3[id]=212 Accessed: 25-08-2016. sefcovic, m. (2015) Speech as the Vice-president of the European Commission responsible for Energy Union. Sustainable Energy Week, 15-19 June 15-19 2015, Brussels. unece (2014) The Future of Social Housing Environmental and Social Challenges and the Way Forward. Workshop Report. February 4-5,. Geneva. Retrieved from: social%20housing/geneva2014/, page 18-19. Accessed: 18-08-2016. 166 WARM HOMES FOR ALL - TOOLS TO TACKLE THE WARM HOMES FOR ALL - TOOLS TO TACKLE THE 167 ENERGY POVERTY CHALLENGE ENERGY POVERTY CHALLENGE

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