Page 16 - European Energy Innovation magazine - spring 2023 edition
P. 16

Spring 2023 European Energy Innovation
               16    RENOVATION WAVE





            Social Safeguards: The Key to a



            Successful Renovation Wave




            By Marine Cornelis, Executive Director and Founder, Next Energy Consumer



                    he Renovation Wave aims   inflation. In Slovakia or Croatia, the   particularly affected by this trend,
                    to drive forward EU climate   most vulnerable are often excluded   displacing tenants and low-income
                    and social commitments by   from renovation programs due to   homeowners and contributing
            Timproving energy efficiency     eligibility criteria and documentation   to housing insecurity and urban
            and sustainability in homes whilst   issues. Meanwhile, in Greece, a focus   gentrification.
            protecting the most vulnerable.   on ownership rather than rental
            Regrettably, in some areas, renovation   properties leaves many people in   Lack of financial incentives can also
            policies are causing “renovictions”,   rental accommodation ignored.  result in renoviction. Property owners
            as retrofits are used as a pretext to                             may not have enough financial
            raise rents and evict tenants and low-  In the absence of low-income   incentives to undertake renovations
            income homeowners. Implementing   and tenant protection measures,   without passing the costs on to
            social safeguards is imperative to   speculation and financialisation of the   tenants, including those in social
            ensure the Renovation Wave benefits   housing sector are leading to social   housing (as seen in Lodz, Poland).
            the most disadvantaged and energy-  exclusion, as seen in the sharp rise   Low-income owner-occupiers are
            poor. How can EU and national    in homelessness in Ireland in 2022.   also vulnerable to the harmful
            policymakers make this happen?   Without sufficient financial incentives,   effects of poor renovation policies. In
                                             property owners may not undertake   some cases, they may be forced to
            The European Renovation Drive:   renovations without passing the costs   undertake costly renovations to meet
            Addressing Energy Poverty and    onto tenants, leading to “renoviction”   new energy efficiency standards,
            Social Exclusion                 and displacement of low-income   leading to over-indebtedness. Others
            With buildings in Europe accounting   homeowners and tenants. Other   may be forced to sell their homes
            for a staggering 40% of energy   cities with high real estate demand,   due to the costs associated with
            consumption and 36% of CO        such as Paris, are particularly affected   renovating multi-apartment buildings
                                   2
            emissions, it is no surprise that the   by this trend, such as Paris, are   (as seen in Estonia).
            European Renovation Wave is being
            hailed as a crucial step forward.
            However, as the energy price crisis
            has only exacerbated the already
            dire situation of energy poverty, a
            condition closely linked to poor
            quality housing, affecting more than
            34 million European households,
            collective efforts must go towards
            improving the energy efficiency of
            buildings and prioritising the needs of
            the most vulnerable.
            Ineffective Policies and Renoviction
            Risks
            While well-intentioned, many current
            policies and programs tackling
            housing renovation have proven
            costly, discriminatory and ineffective.
            For instance, in Germany, Italy
            and Bulgaria, untargeted financial
            incentives have led to delays and



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