HOUSING EUROPE 1 Job’s creation potential of energy efficiency refurbishment in housing The Coalition for Energy Savings Brussels 7 February

HOUSING EUROPE 2 Short overview of the presentation  Energy efficiency potential in the housing sector: very local, very work intensive  The economic and job impacts are more important than reduction of GhG emissions  Still, it does not speak to economic leaders because it is not tradable industries, very fragmented markets  Among all the works in the construction industry, the energy efficiency refurbishment works have the biggest multiplier effects Some examples evaluating the impacts of refurbishment on jobs:  The Basque Country programme of 2008/2009  The French ERDF implementation since 2009  Question for future policies and lobbying

HOUSING EUROPE m people canot keep their home adequately warm m are facing disproportionate housing expenditure m are living in poor quality dwellings m face arrears on their utility bills From Bouzarovski Birmingham university

HOUSING EUROPE 4 What is the construction industry in Europe ?  share of GDP differs from one country to another, but is range between 4% to 6% for housing investment. It represent 23% of households expenditure

HOUSING EUROPE 5 Job potential in EE refurbishment In terms of retrofitting activities, it is generally accepted that every US$1 million invested in building-efficiency retrofits would create direct jobs and 4-7 indirect jobs.(UNDP) In France, 4% of ERDF from represent a public investment of 320 €millions creating jobs ( already, for the two left years); impacting more than households On these assumptions, 8 €bn (4% of ERDF ) in EU 27 would generate 55 € bn could create almost FTE so more than jobs a year (direct and indirect) So far, only 1.7€ bn have been programmed, generating 8.5€bn investments and creating jobs impacting households energy bills SO WHY DO WE NOT CONVINCE POLICY MAKERS ?

HOUSING EUROPE 6 EE measures in housing: complex and diverse

HOUSING EUROPE 7 The more on energy refurbishment, the more job intensive based on a programme of houses refurbished with a subsidies of 14.6 millions €, Basque country, 2008

HOUSING EUROPE 8 The more local…

HOUSING EUROPE 9 In days of fiscal consolidation…..

HOUSING EUROPE 10 The economic impact  Creation of jobs: 2000; 1760 in the region, 160 in the country and 60 abroad

HOUSING EUROPE 11 EE refurbishment in housing is a cash machine policy

HOUSING EUROPE 12 To sump up  It cost to support energy efficiency  Jobs created in the different programmes, whether we take a very strict definition costs € to the public budget; or 7.300€ if we take a broad perspective of the entire spillover effect.  Still less than unemployment benefit  The economic activities generated = more fiscal revenue than subsidies  But the sector needs to be structured to ensure quality and trust between the partners  And the debate needs to shift from global competitiveness, meaning an innovative export industry to very high-quality local economies

HOUSING EUROPE 13 And the Structural Funds  20% of the total to be on EE in energy efficiency refurbishment in housing would concretely mean:  60 billions public EU budget to EE  Generating 300 billions of investment  Creating 3.5 millions jobs or a minimum of jobs each year  An impact in reducing energy consumption of 14 millions households  Can we afford not to do it ?

HOUSING EUROPE 14 Some sources  Rode et a. (2011). Investing in energy and resource efficiency: Buildings. in Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication, United Nations Environment Programme (UNEP), 846/Default.aspx 846/Default.aspx  Proyecto ‘Brev”: Beneficios de la rehabilitation de viviendas en la generacion de actividades economica, creacion de empleo y el ahorro de energia en el pais vasco; Institut Cerda, December 2010  L’union sociale pour l’habitat, Bilan à mi-parcours de l’utilisation du FEDER, June 2011