Germany Drops Stricter Energy Rules for Buildings, Pledges Billions for Housing Instead

Germany scraps plan to mandate stricter energy efficiency rules for new buildings (EH40 standard) due to high costs.
Government pledges €18 billion for housing sector through 2027.
Other measures include expanding affordable credit, subsidies for heating system upgrades.
Goal is to increase home construction by allowing more flexibility on building standards.
Environmental groups criticize rollback of energy efficiency rules as harmful to climate goals.

dw.com

Relevant topic timeline:

9/12/2023

German construction sector hits record cancellations amid soaring costs and rates

The crisis in Germany's residential construction sector is worsening, with a record number of companies reporting cancelled projects due to high costs and a lack of orders.

9/24/2023

Germany Drops Planned Building Energy Rules to Aid Slumping Construction Sector

The German government has decided to indefinitely delay plans to enforce stricter building insulation standards in order to support the struggling building industry.

9/25/2023

Germany's Housing Crisis Deepens as Costs Rise and Construction Stalls

The property market in Germany is in crisis as rising interest rates and raw material costs lead to a spike in bankruptcies among developers, causing construction projects to halt and leaving homeowners-to-be in financial distress. Chancellor Olaf Scholz is calling for talks with industry leaders to find solutions to jump-start construction and alleviate the growing housing shortage.

9/25/2023

Berlin Unveils 45 Billion Euro Aid Package for Struggling Construction Industry

The German government is allocating 18 billion euros for affordable housing and has put proposed building regulations on hold to support the struggling construction industry, which has been hit by high interest rates and falling housing prices.

10/13/2023

German building industry proposes new measures to Chancellor to tackle property crisis

German Chancellor Olaf Scholz is facing demands to address the property crisis in Germany's economy, as the nation's building industry proposes measures to mitigate the worst property crisis in a generation, including preventing mass layoffs and stimulating building activity.

Topics

Posted 9/25/2023, 5:50:39 PM

Germany Drops Stricter Energy Rules for Buildings, Pledges Billions for Housing Instead

Germany scraps plan to mandate stricter energy efficiency rules for new buildings (EH40 standard) due to high costs.
Government pledges €18 billion for housing sector through 2027.
Other measures include expanding affordable credit, subsidies for heating system upgrades.
Goal is to increase home construction by allowing more flexibility on building standards.
Environmental groups criticize rollback of energy efficiency rules as harmful to climate goals.

dw.com

Relevant topic timeline:

9/12/2023

German construction sector hits record cancellations amid soaring costs and rates

The crisis in Germany's residential construction sector is worsening, with a record number of companies reporting cancelled projects due to high costs and a lack of orders.

9/24/2023

Germany Drops Planned Building Energy Rules to Aid Slumping Construction Sector

The German government has decided to indefinitely delay plans to enforce stricter building insulation standards in order to support the struggling building industry.

9/25/2023

Germany's Housing Crisis Deepens as Costs Rise and Construction Stalls

9/25/2023

Berlin Unveils 45 Billion Euro Aid Package for Struggling Construction Industry

10/13/2023

German building industry proposes new measures to Chancellor to tackle property crisis