The residential real estate sector is a major yet often underestimated contributor to greenhouse gas emissions in Europe. Decarbonizing housing is crucial for achieving carbon neutrality but presents complex challenges.
An initial ‘back of the envelope’ calculation suggests that the recent heatwaves across Southern and Central Europe, the US and China could carry significant economic costs.
For the seventh year in a row, we surveyed 6,000 people in some of Europe’s largest economies (Germany, France, Italy, Spain, Poland, and Austria) to take the pulse on future prospects, policymaking and the rise of AI. Although pessimists still predominate, their lead has narrowed significantly compared to last year, from -23.0% to -8.3%. In Germany, this figure has fallen by 17pps.
