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Multiple benefits of renovation in buildings - PU Europe

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<strong>Multiple</strong> <strong>benefits</strong> <strong>of</strong> <strong>in</strong>vest<strong>in</strong>g <strong>in</strong> energy<br />

efficient <strong>renovation</strong> <strong>of</strong> build<strong>in</strong>gs<br />

Figure 16 Benefits from stimulat<strong>in</strong>g economic activity<br />

€ billion<br />

350<br />

300<br />

291<br />

250<br />

200<br />

150<br />

153<br />

128<br />

100<br />

67<br />

50<br />

0<br />

Low EE scenario<br />

Impact on GDP<br />

High EE scenario<br />

Impact on public f<strong>in</strong>ances<br />

Note:<br />

The <strong>benefits</strong> are measured as an accumulated benefit to EU from mak<strong>in</strong>g achiev<strong>in</strong>g the energy efficiency<br />

<strong>renovation</strong> potential from 2012-2017.<br />

These <strong>benefits</strong> should be <strong>in</strong>terpreted as a one-<strong>of</strong>f benefit <strong>in</strong> the period 2012-2017.<br />

Source: Copenhagen Economics, based on IMF World Economic Outlook database, OECD (2001), and DG<br />

ECFIN (2012).<br />

25

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