Minister Popov: Building renovation in Bulgaria is a step towards carbon neutrality

30 Jan, 2024 | 15:26

"In order to solve the issue of renovation of buildings in Bulgaria, we need to introduce different funding instruments, to mobilze private resources, and jointly with the public to stimulate innovation in the sector". This was stated by the Minister of Environment and Water Julian Popov during a round table discussion on "Energy efficiency of the building stock: the basis for a sustainable energy transition", which took place in Sofia. The event is organized by the Ministry of Energy and EnEffect with the support of the Coalition "To Renew Bulgaria".

According to Minister Popov, it is very important for politicians to focus on mobilizing those resources that can quickly renew the building stock. He also clarified that these funds should be used only as “'levers' to mobilize private resources".

Minister Julian Popov is convince that, when renovating the building stock, a percentage should be allocated for innovation, training, and implementation of new technologies. He pointed out that the ultimate goal of the MOEW, in terms of climate policies, is carbon neutrality by 2050. "For every brick, for every solar panel, we are also considering whether we are achieving that goal with it," said the minister.

The forum was attended by the Deputy Minister of Regional Development and Public Works Angelina Boneva, the Deputy Minister of Energy Iva Petrova, the Deputy Chairman of the Parliamentary Energy Committee Radoslav Rybarski, and others.