COVID-19

Building Back Better

Download a PDF of this article

Real Estate in the wake of Covid-19 and the European Green Deal

It has long been known that a significant majority of Europe’s buildings are not fit for purpose in a world of accelerating climate change. Accounting for approximately 40% of the European Union’s total energy consumption and for 36% of its CO2 emissions, the sector has been slow to respond, but is going to be at the forefront of rapid change as Europe targets climate neutrality by 2050 as its political priority, and uses the European Green Deal as its growth strategy. With the sector grappling with the dramatic shortterm consequences of the Covid-19 pandemic, EU policy-makers are now targeting massive investment in a ‘Renovation Wave’ as well as an ambitious legislative programme on buildings and construction, including on ESG and sustainability issues, that will immediately and directly impact the real estate industry. How prepared is it for the challenges and opportunities ahead?

Related Articles

January 26, 2022

Oversight and Investigations Informer – January 24, 2022

NOTABLE DEVELOPMENTS What We Are Watching:  CONGRESS CONSIDERS ANOTHER ROUND OF COVID RELIEF FUNDING: Democratic leader...

January 26, 2022

IR Monitor – 26th January 2022

Investor Relations News With Unilever facing criticism from long term investors, we begin this week with a reminder of t...

January 25, 2022

FTI Consulting Appoints Patrick Tucker to Lead Strategic Communications’ M&A and Activism Practice in the Americas