Climate Group seeking to increase deep renovation rate to 2.5% by 2030

Climate Group has announced a partnership with CBRE and manufacturers, including Rockwool and Velux, to try and drive up deep renovation rates across Europe.

The international non-profit organisation, which earlier this month also entered a strategic partnership with Building’s publisher Assemble Media Group, said the European Union must prioritise the renovation of millions of buildings every year in order to meet its 2050 net zero target.

climate group

Climate Group’s flagship event is Climate Week NYC in September 2024, which is held in collaboration with the UN and the City of New York.

It said current EU renovation rates are around 1% and must increase to 2.5% by 2030 in order for the net zero target to be met.

The Climate Group’s new Renovation Revolution project launched today will see the non-profit organisation work with CBRE, Danfoss, Rockwool, Signify, Velux and campaign group Renovate Europe.

>>See also:Building enters partnership with international environment NGO to focus on energy efficiency in the built environment

 The project aims to bring together companies, governments and environmental NGOs to research and share findings on how deep renovation rates in commercial and public buildings can be increased.

“With elections taking place across Europe in 2024, the hard work starts now. Dragging up desperately low renovation rates in Europe is critical to improving energy efficiency in the built environment. Governments and corporates must support cities, businesses, communities and citizens, to open up their toolboxes and begin a renovation revolution,” said Toby Morgan, senior manager, built environment at Climate Group.

>>Climate Group is also hosting an event in Brussels this summer looking at how to reduce the carbon intensity of concrete and steel. Global SteelZero Summit & Global ConcreteZero Innovation Forum will take place in Brussels on 19 and 20 June.