A Sustainable Future or a Financial Nightmare? - The Costs of the "Heizungswende"could exceed 500 billion Euros by 2045
1?? A study of Deutsche Bank estimates that the renovation of a single home could cost over 100,000 euros.
2?? 80 billion euros are needed for sustainable home renovations.
3?? Two-thirds of homeowners can afford energy-efficient renovations, but the rest may need additional financial help.
4?? The estimated total financing needed for energy-efficient renovations of German residential real estate is around 600 billion euros by 2045.