21 June 2010 – At a conference held today in Toledo, Spain, EU housing ministers heard from one of Europe’s top climate mitigation experts about how large-scale, deep retrofitting programmes across Europe could lead not only to substantial energy savings and greenhouse gas reductions, but also to a decline in dependency on fossil fuel from overseas, a substantial increase in jobs, and the alleviation of fuel poverty.

The presentation by Diana Urge-Vorsatz, Director of the Centre for Climate Change and Sustainable Energy Policy (3CSEP) at the Central European University in Budapest, outlined how much Member States have to gain economically, socially, and environmentally from large-scale energy-efficient building renovations.

This event was held in conjunction with release of a report, commissioned by the Energy Efficiency Programme of the European Climate Foundation, which showcases the positive outcomes of large-scale renovations in Hungary. The report, Employment impacts of a large-scale deep building energy retrofit programme in Hungary, concludes that high-efficiency renovations create jobs, save energy, reduce emissions, and decrease energy dependency.

To access the full report and executive summaries of the study in English and Hungarian, as well as the presentation slides, please visit the Centre for Climate Change and Sustainable Energy Policy website.