"Elevate the Future of Green Renovation"

Empowering Sustainable Investments in Building Transformation across Austria, Hungary, and Slovenia, Co-funded by the European Union's LIFE Programme." Join us in reshaping the future of buildings today!"

News
No Boom in Sight: Why Austria’s Renovation Rate Must Change
Wolfgang Amann (IIBW) explores why Austria’s renovation rate remains far below EU targets, despite available funding and clear demand. Drawing on IIBW research, the article examines data gaps, economic barriers, and homeowner fatigue — and outlines strategic measures to spark a renovation boom.

Introduction
Renovation was long seen as the icing on the cake of Austria’s construction and building-related industries. Yet despite a sharp decline in new construction activity, this perception hasn’t shifted — and the renovation rate stubbornly remains at just 1.5%. With 1.85 million homes in need of renovation and the EU mandating substantial energy efficiency improvements, this must change.

In a nutshell

RENOINVEST PROJECT is co-funded by the European Union under the LIFE programme The primary goal of the RENOINVEST Project is to develop action plans for smart investments in sustainable building renovations from 2025 to 2030 in Austria, Hungary, and Slovenia.


RENOINVEST plans to organize national and international roundtables during the project in order to bring together EU policy makers, national and local authorities, financial organizations, enterprises, construction and academic sectors to facilitate comprehensive energy efficiency investments in renovation


RENOINVEST provides a platform for open dialogue involving key financial, private and public experts through the green finance thematic working group activities to identify barriers to the upscaling of long-term financing instruments and propose improvements to support the development of large-scale investment programmes in existing private and public buildings.