Tajani announced that the EU's goal to pursue 'nearly zero energy buildings' was being achieved only very slowly, and that greater effort would be needed to meet the substantial challenge.

The strategy, which is to be launched after the summer, will will involve stimulating investment in renovation and maintenance through loan gaurantees and project bonds. This comes after the Commission's proposal at the end of May to increase the European Investment Bank's lending capacity by €10bn to support small construction companies. There were also moves to double cohesion funding for sustainable energy, including building renovations, in the 2014-2020 Multiannual Financial Framework.

Funding energy efficient improvements in buildings remains a large issue, with member states seemingly reluctant to put money into teh sector. All members have been  requested to report to the Commission on domestic schemes in sustainable construction, but so far only five have done so.

Besides financial issues, the Commissioner's new plan will aim to promote mutual recognition of sustainable construction schemes and continue working on indicators and standards on the sustainability of construction products. Development of such products may be stimulated by Green Public Procurement (GPP).

Discussion forums on sustainable construction with Africa and Latin America will be launched to encourage GPP in emerging markets.

For more on energy efficient buildings, click here for the EU's webpage on the subject or visit FIEC.