New study: Renovations in Sweden cannot be significantly increased using financial instruments

New study: Renovations in Sweden cannot be significantly increased using financial instruments

December 18, 2015

A financial instrument such as concessional loans and credit guarantees would at best have a limited impact on the renovation rate of the Swedish building stock, at worst subsidise projects on strong property markets that would have been undertaken anyway. Instead, our report concludes that better information sharing between stakeholders is required. Plans for developing a platform for coordinating information – a national information centre for renovations – is already in the works. Subsidising renovations beyond what is being done today should wait until the effects of this information tool have materialised.

Yesterday, National Board of Housing, Building and Planning (Boverket) and the Swedish Energy Agency (Energimyndigheten) published suggestions for how to increase renovations in Sweden as a part of their national strategy for energy efficiency renovations. Copenhagen Economics wrote a report describing the barriers for investing in renovations in Sweden and made recommendations regarding two types of financial instruments.

Learn more about the study 
Read more about the National Strategy at Boverket’s website

For further information, please contact Martin Flack