site.btaSustainable Energy Development Agency: Buildings Cannot Be Renovated Without Mobilizing Private Capital

Buildings cannot be renovated without mobilizing private capital, Executive Director of the Sustainable Energy Development Agency (SEDA) Ivaylo Aleksiev said here Thursday. He was among the speakers during a roundtable on the Road Map for Climate Neutrality in Bulgaria by 2050. He pointed out that the National Recovery and Resilience Plan foresees reforms in this direction and expressed hope that they will be implemented.

Aleksiev noted that Bulgaria is lagging behind with the regulatory framework related to energy efficiency and renewable energy sources (RES).

He argued that in addition to a long-term vision, focus is needed in the short term in order for Bulgaria to catch up.