please find the fourth edition of our FEST newsletter below.
Yours
Sue Knight, Director General FEST
Editors: Nikolaus Klein, Matthew Gray, Hassan Abou Jawhar
Construction activity expected to fall by 7.8% – complete recovery not before 2023
Beyond all market influences seen in recent years, the effects of the corona crisis have now taken over within a short time. According to the latest forecast, the construction volume in the Euroconstruct area is expected to slump by 7.8% in 2020.
The Environment Committee has approved the deal on the drinking water directive and adopted a resolution demanding EU legislation on water be correctly implemented.
‘Complete overhaul’ of buildings needed to meet EU’s 2030 climate goal
Europe needs a “complete overhaul” of its buildings to meet a higher 2030 emissions reduction target, according to new research published. In its flagship building renovation wave, the European Commission announced it wanted to double the rate of energy-related building renovation by 2030, which currently stands at 1%.
COVID-19 update: Is the Green Recovery threatening the boiler markets?
When BSRIA published the latest of its annual heating studies in March we forecast a global domestic boiler market of 15.5 million units and a commercial boiler market of 470 thousand units for 2020. As the year draws to a close, we see sales numbers nearing 14.3 million and 450 thousand, respectively, thus, sales of well over a million units were wiped off the market by the COVID-19 pandemic.
More important than ever: ‘Indoor Environment Quality’ to be a top theme at ISH digital2021
The leading world trade fair for water, heating and air conditioning will take place from 22 to 26 March 2021 and will be wholly digital. The show will highlight a host of interesting and relevant issues, including ‘Indoor Environment Quality’. This theme covers thermal comfort and indoor air-quality hygiene.
