Energy efficiency investments not cost-effective

European Court of Auditors report reveals major flaws in projects over the past 12 years.

Investments from the EU’s cohesion policy funds made in energy efficiency projects over the past twelve years have not been made in a cost-effective manner, according to a damning report released today (14 January) by the European Court of Auditors. Instead, member states have used the funds as an excuse to renovate public buildings.

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