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Cost-effectiveness of cohesion policy investments in energy efficiency, (pursuant to Article 287(4), second subparagraph, TFEU), European Court of Auditors

Label
Cost-effectiveness of cohesion policy investments in energy efficiency, (pursuant to Article 287(4), second subparagraph, TFEU), European Court of Auditors
Language
eng
Abstract
"The Court assessed whether cohesion policy investments in energy efficiency were cost-effective. The Court concludes that the right conditions in programming and financing had not been set and that the audited projects in public buildings had a long average planned payback period (around 50 years). The Court recommends that the Commission make the cohesion policy funding for energy efficiency measures subject to a proper needs assessment, regular monitoring and the use of comparable performance indicators as well as the use of transparent project selection criteria and standard investment costs per unit of energy to be saved, with a maximum acceptable simple payback period."-- EU Bookshop
resource.governmentPublication
international or intergovernmental publication
Illustrations
chartsillustrations
Index
no index present
Literary Form
non fiction
Main title
Cost-effectiveness of cohesion policy investments in energy efficiency
Oclc number
835248129
Responsibility statement
European Court of Auditors
Series statement
EDC collectionSpecial report, no. 21/2012
Sub title
(pursuant to Article 287(4), second subparagraph, TFEU)
Target audience
specialized
Content
Mapped to