{"id":157785,"date":"2025-03-07T08:58:34","date_gmt":"2025-03-07T07:58:34","guid":{"rendered":"https:\/\/www.cde.ual.es\/?p=157785"},"modified":"2025-03-07T08:58:34","modified_gmt":"2025-03-07T07:58:34","slug":"new-platform-for-investment-in-affordable-and-sustainable-housing","status":"publish","type":"post","link":"https:\/\/www.cde.ual.es\/en\/new-platform-for-investment-in-affordable-and-sustainable-housing\/","title":{"rendered":"New platform for investment in affordable and sustainable housing"},"content":{"rendered":"

The European Commission and the European Investment Bank (EIB) Group are partnering with Europe’s national promotional banks (NPBs) and international financial institutions (IFIs) to develop new financing opportunities for affordable and sustainable housing across Europe. At the EIB Group Forum in Luxembourg today,\u00a0European Commissioner for Energy and Housing Dan J\u00f8rgensen and\u00a0<\/strong>EIB Group President Nadia Calvi\u00f1o<\/strong>\u00a0underlined the importance of tackling one of the most pressing concerns of citizens and governments in the European Union.They advocated a pan-European push that brings together local and national, public and private actors to catalyse finance and urgent action under the Commission’s upcoming European Affordable Housing Plan.<\/p>\n

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Their call comes as the EIB Group completes work on an Action Plan for Affordable and Sustainable Housing with planned investments of around \u20ac10 billion over the next two years. The EIB Plan will support local and national efforts to build more affordable homes, renovate existing housing stock to be more energy efficient and encourage more sustainable and innovative building materials and equipment. The EIB also launched a\u00a0housing portal, a one-stop shop to support final beneficiaries to access advice and finance. The EIB Group’s investment aims to deliver 1.5 million new or renovated housing units across Europe. The EIB Action Plan and the portal are key building blocks for the pan-European investment platform, which will be open to other players such as NPBs and IFIs. The Council of European Development Bank has also signalled its interest in participating.<\/p>\n

The lack of affordable housing in Europe, particularly in larger cities, is highlighted as an increasing concern in relation to Europe’s economic growth and productivity in the EIB Group’s investment survey based on feedback from around 13,000 European small and medium-sized enterprises (SMEs). \u00a0The report, presented this week at the Forum, also notes low productivity and insufficient innovation in the European construction sector, adding to the cost and time of delivering housing projects. At the same time, the cost of energy and the impact of carbon-dioxide emissions are also a concern. \u00a0Two-thirds of household energy consumption are used for heating homes and, with 46 million Europeans living in energy poverty, the energy efficiency of Europe’s housing stock is a key focus.<\/p>\n

Working closely with the Commission and its new Task Force for Housing in the context of the European Affordable Housing Plan, as well as Member States, regions, cities and NPBs and IFIs, the EIB Group aims to raise the supply of affordable and sustainable housing in the EU. The approach rests on four pillars, which provide the general framework for the measures described further below:<\/p>\n