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This document suggests actions by the many decision-makers who should embrace change and launch the Renovation Wave. The transformation has to take place as a well-prepared interactive process. The renovation wave requires joined-up thinking and contributions from every actor in the value chain. However, these multiple actors are often uncoordinated and have conflicting interests and motivations; they adapt their actions and behaviors to different triggers and drivers. Its success depends on the coordination with other initiatives and creation of a right framework to mobilize all the different actors. The European Commission must first and foremost create the right framework to mobilize all the different actors and make sure that their actions are aligned for the renovation wave. The building sector can successfully contribute to the EU climate neutrality objective only if all actors move in the same direction.
A section of this publication devoted to Building Owners of residential and commercial buildings identifies the home-owners as critical actors in determining whether to renovate of dispose of buildings and how to access funding for renovation. At the same time, they should be able to select the renovation depth and delivery methods (roles and responsibilities, timelines and deliverables, level of collaboration). This is a challenging process for residential owner-occupiers and they should be given the opportunity and tools to:
- Make informed choices on renovation of their buildings by seeking specialized advice
- Consider reliable information sources to better understand what they can do to improve the energy efficiency of their homes and how to finance them
- Integrate health, environmental and climate considerations in their decisions to renovate
- Easily access finance for renovation
- Engage with neighbors when living in a multi-apartment building to raise awareness about improved living conditions resulting from building renovation