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EBC to attend Stakeholder Meeting of the Energy Efficient Mortgage Initiative in Rome

EBC will participate in the Third Stakeholder Meeting of the Energy Efficient Mortgage Initiative which will take place in Rome on Friday, 9 June 2017.

The event will be hosted by ABI – the Italian Banking Association - at their offices in Rome, at Piazza del Gesù, 49, 00186 Rome, Italy. Policy officer Ann-Cathrin Rönsch will attend the meeting on behalf of EBC.

As described in our position paper on the proposal amending Directive 2010/31/EU on the Energy Performance of Buildings, we support incentive measures, both in public and private financing, that connect financial means to energy efficiency improvements in the renovation of buildings. An example is the “European Energy Efficiency Mortgages” launched by the European Mortgage Federation. It focuses on financing energy efficiency works in residential units via preferential interest rates for energy efficient homes and/or additional funds for retrofitting homes at the time of purchase. Thus it offers better borrowing rates on mortgages in return for either purchasing more energy efficient homes or committing to implement energy saving works within properties.