Short description:
The European Court of Auditors (ECA) issued a special report on energy efficiency buildings and the current lack of cost-effectiveness in EU spending.
Description:
The European Court of Auditors (ECA) issued a special report on energy efficiency buildings including a series of recommendations to help the EU achieve its 2030 energy efficiency target by improving the cost-effectiveness of its 2021-2027 Cohesion policy spending. They visited five Member States (Bulgaria, Czechia, Ireland, Italy, Lithuania) that allocated some €2.9 billion of their Cohesion policy funds for energy efficiency in buildings and concluded that cost-effectiveness is not guiding EU spending on energy efficiency in buildings. Better management, especially in the area of project selection, could lead to higher energy savings per euro invested.
