# Financing the future of buildings in Central, Eastern and SE Europe (2017) * **Financing the future of buildings in Central, Eastern and South-East Europe** * Analysis of the funding streams directed to energy efficiency in buildings currently available in Central, Eastern and South-East Europe by Buildings Performance Institute Europe (BPIE) * Available as a PDF file: * **Summary**: * The analysis reveals **that less than 3% of the funds that could be used to support energy-efficiency investments in the region is dedicated to upgrading buildings**. * Despite their critical role in reducing energy dependency, **buildings are not perceived as critical infrastructure**. * South-East Europe, with its building stock that consumes 38% of gas imports, **is the only region in Europe with a significant gas security issue in the event of an interruption of supply**. * The report states that "a dedicated renovation programme targeting gas-consuming buildings could reduce the current building stock’s gas consumption by 70% within 20 years." * Current funding streams: * **EU funding streams:** only 4.35% of the region’s Cohesion Policy Funds is allocated to demand-side infrastructure, amounting to €3.96 Billion. The European Fund for Strategic Investments (EFSI) is not being exploited and only two projects (including a gas project) are active in the region; * **International financial institutions**: only 1.7% of the total committed amount of their investments is allocated to demand-side infrastructure. * The analysis also looks into how different European funding revenues are used in different countries. **The Cohesion Policy Funds** are the biggest funding streams for demand-side infrastructure and building renovation in the CESEC region. * When it comes to non-EU funding streams, the analysis notes that these do not focus on demand-side infrastructure. * **Keywords**: EU, Central Europe, Eastern Europe, South-East Europe, Southeastern Europe, energy efficiency, energy transition, buildings, infrastructure, investment, Bulgaria, Croatia, Greece, Hungary, Romania, Slovakia, Slovenia, Albania, Bosnia and Herzegovina, North Macedonia, Kosovo, Montenegro, Serbia, Moldova, Ukraine --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://housing-base.journalismarena.eu/access-to-housing/advocacy-and-policy-reports-and-projects/financing-the-future-of-buildings-in-central-eastern-and-se-europe-2017.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.