{"id":385099,"date":"2022-07-07T06:30:00","date_gmt":"2022-07-07T04:30:00","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=385099"},"modified":"2022-07-07T06:30:00","modified_gmt":"2022-07-07T04:30:00","slug":"latvia-needs-to-innovate-especially-in-apartment-ownership-structures","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/latvia-needs-to-innovate-especially-in-apartment-ownership-structures\/","title":{"rendered":"Latvia needs to innovate especially in apartment ownership structures"},"content":{"rendered":"\n
Read more about the countries in this project<\/span><\/a><\/div>
More about Latvia<\/span><\/a><\/div><\/div><\/div><\/div>\n\n\n\n\n\n

Latvia has been allocated \u20ac248 million to green its apartment buildings. The energy efficiency of old buildings from the Soviet era in particular leaves much to be desired, but these types of buildings now actually make up the vast majority of the housing stock. The ownership structure also needs to be renewed.<\/p>\n\n\n\n

Basically, Latvia needs billions to get housing in this small country all set up for the future. The Soviet occupation from 1944 to 1991 saddled Latvia with tens of thousands of apartment buildings that were never actually meant to last more than thirty or forty years.\u00a0<\/p>\n\n\n\n

“Only 4 percent of our homes were built after 1991,” says Gatis Silovs from the subsidies department at the Latvian Ministry of Economic Affairs. “Apart from that, these are mostly older buildings that are also in need of some long overdue maintenance. Roughly half of them date from Soviet times, the rest from before the First World War. There was simply no money to renovate back in the 1990s, so in 2022, we are left with buildings that are already old and also in dire need of overdue maintenance.”<\/p>\n\n\n

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Renovating buildings is key to making Italy greener<\/div>
When presenting investments for the plan, the Italian government pointed out how buildings are responsible for nearly half of the greenhouse gas emissions in Italy.\u00a0<\/div><\/div><\/div>\n\n\n

Efficiency and cabling <\/h3>\n\n\n\n

Efficiency is problem number one: the insulation of both the heat network and the homes themselves are nowhere near up to standard. Secondly, 29% of Latvian households use gas for cooking and are supplied with heat by urban power stations that also run on gas. Nor do most of the cables dating back to the 1960s or 1970s appear to be designed to cope with a switch to more electrical applications.<\/p>\n\n\n\n

An amount of \u20ac248 million out of a total of \u20ac1.8 bln from the Corona Recovery Fund is being sent to Latvia to boost its efforts in making its homes sustainable. Fortunately, the Latvian government already has some experience with similar projects, as between 2014 and 2020, it spent \u20ac176 mln in European funding to carry out renovations.<\/p>\n\n\n\n