Economics in Brief
Greenhouse gas emissions in the building sector have already dropped by more than 40% since 1990. But under the Climate Protection Act, today’s emissions must fall by another 43% by 2030. That will not just require a sharper increase than in the energy, manufacturing and transport sectors. It also means that the annual reduction rates have to more than double again. The sector therefore continues to face major challenges and must focus even more strongly on the existing building stock and non-residential buildings. In addition to targeted support, a rising CO2 price in particular can help make greenhouse gas emission reduction measures more economically attractive.
Burglaries have been declining for some years but only one quarter of existing dwellings in Germany are sufficiently protected against break-ins. Break-ins not only cause financial losses but also psychological damage. A recent evaluation has shown that some 55,000 existing dwellings are effectively protected against break-ins each year under KfW’s ‘Burglary Protection’ programme. The coronavirus crisis is expected to increase demand for structural burglary protection but income losses will make investments more difficult at the same time.