Germany reveals new £47bn plan to make buildings more energy efficient

Retrofitting has been considered 10 times more impactful than building new homes by German officials

Big Zero Report 2023

The German government has announced plans to spend £47 billion on making its buildings more energy efficient.

This is part of its wider Climate and Transformation Fund, which will see £148 billion spent on ensuring Germany is best placed to fight climate change.

Close to £16 billion a year for three years is set to be provided to retrofit buildings that are in Germany’s bottom 25% for energy performance.

The government has stated that spending money on renovation is 10 times more efficient than building a new house outright.

A similar move is set to be made by the Belgian government – as retrofitting becomes a popular option on the continent for cutting energy wastage.

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