VShere, this money is well spent: 90% of the promised sum has already been allocated in France Relance projects, this post-Covid national plan of 100 billion euros, of which nearly 40% (not far from 40 billion euros) will be so financed by the Great European Common Loan.
Very concretely, 100% of the thermal renovation works of public buildings in progress (hospitals, schools, town halls), cis Europe’s money. Same thing for 70% of the sums distributed to individuals via the MaPrimeRénov scheme. The program called “A young person: a solution” is also 75% financed by the EU. It’s nearly five billion euros for apprenticeship or work-study contracts, and financial aid for those under 30.
We don’t know much about it because the European flag on construction site panels is often very small, which makes Brussels cringe a little. But for the rest, France is rather considered a good student.
100% thermal renovation of public buildings is enormous. But it’s money well employed, they say in Brussels. Because when we renovate a public building, we often do so with the highest environmental standards. Then because public works are big orders: SMEs are sure to be paid. They are not reluctant to hire and train their workers in ecological and innovative renovation methods.
Energy transition, innovation, training, employment: all this is right in the nails of the objectives of this recovery plan financed at 27.
PTo obtain this funding, France had to keep its reform commitments: for example, to present a Climate law, another on public finances, etc. When in Poland we look at the state of justice, in France we are attentive to the possible drift of public finances, confides a European source.
And then there are a posteriori checks, with European inspectors who ensure that the renovation has indeed enabled the promised energy gains.