Financing building energy performance improvement in Poland
An analysis of financing schemes and their impact on the Polish renovation market
An effective renovation strategy supported by proper financing schemes can solve vital environmental problems such as lowering CO2-emissions and improving air quality. However, although a large variety of financing mechanisms exists and a lot of funding will be available until 2020, not all measures seem to be effective.
In the first chapter, this report analyses the energy performance of the Polish building stock and the characteristics of the renovation market by presenting building stock data as well as an overview of the national renovation market. The six key renovation technologies and markets “envelope insulation”, “envelope prefabrication”, “windows”, “roofing”, “ventilation and heating” and “installation of hot water and central heating” are then presented in a overview that compares available technologies with modern solutions and technologies.
The second chapter focuses on financing schemes in Poland by providing an analysis of their impact on the renovation market as well as mapping the existing funding to building typologies. The key findings are summarised below.
In order for the Ambitious scenario to be realised:
- Public funding for renovation needs to be increased, notably for single family houses;
- Levels of gearing, i.e. proportion of funding from third parties such as building owners and other investors, need to be improved;
- The focus should shift towards achieving comprehensive, deep renovations;
- Sub-optimal measures such as low insulation thicknesses should not be permitted under publicly funded schemes;
- Financial schemes need to be devised which offer an attractive and engaging way for building owners to invest in renovation.
For more information please refer to the report available for download below.