Walloon coalition agreement: the renovation measures

  • October 18, 2019

Just like the other regions, the Walloon region is taking measures to improve the renovation rate. To arrive at a supported strategy, it wants a consultation with the relevant actors from the sector before the 1st of April 2020. The long-term objective of climate neutrality in 2050 is used as an objective of the strategy. In addition, it also wants to set up an "Employment-Environment-Finance" alliance to boost the demand for renovation, increase capacity in the sector and develop the necessary competencies to carry out the renovations properly.

The implementation of roof insulation is put forward as a priority measure, especially the buildings classified as F or G must be tackled. In a broader context, the government is setting up a project in consultation with the sector with the objective of renovating 250,000 homes and 2,500 public buildings. They want to do this by developing new financing mechanisms (third-party investment mechanism, loans at reduced interest rates, etc.) and an incentive mechanism for tenants and co-ownership. A building passport is developed that gives the citizen an overview of the necessary works, which must be carried out with an indication of the cost price. Support for the Renowatt project, which assists local authorities, will be increased.

The financial support measures (such as the premiums and the zero-percentage loans) are being optimized and substantially increased. The premiums and loans will be made available to the lessors of homes. In the tax system, registration fees will be reduced if the home is renovated within a certain period and the home cheques are linked to the implementation of energy-saving measures.

Finally, the government wants to think further about other forms of incentive mechanisms and the setting up of pilot projects, especially with regard to neighborhood renovations and the issues related to demolition and reconstruction.

Read the full agreement here (in French)

 

 

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