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Untapping multiple benefits: hidden values in environmental and building policies

Abstract: 

This study sets out to provide guidance to policy and decision-makers in developing a methodology for the inclusion of multiple benefits in cost/benefit assessment of a building’s renovation. It is envisaged that providing a macroeconomic understanding of the wider benefits of energy efficiency in buildings ll encourage policy-makers and investors to develop and quantify the benefits of more effective energy efficiency policies and programmes and drive higher levels of renovation. This Report provides the European Commission (EC), the national administrations in charge of implementing EU energy efficiency policies (in particular EPBD) in Member States (MS) and other decision makers seeking to include multiple benefits in their policies, building programmes and financial programmes with: • Information on identified benefits; • A methodology for an enhanced consideration of wider benefits, in particular in the calculation of cost-optimal minimum energy performance requirements under the EPBD; and • A toolkit to calculate and quantify / measure the monetary value of these impacts, from a policy and investor standpoint.