FIEC secures key appointment on Platform on Sustainable Finance
From 503 applicants, FIEC was appointed as a member organisation of the Platform on Sustainable Finance and its representative will be among the 50 experts to advise the European Commission on the development of the technical screening criteria for the EU Taxonomy.
The EU Taxonomy is the key to achieving a sustainable recovery after the crisis. This is particularly the case for the construction sector, which is essential for making the transition to a more sustainable economy a reality. The investment gap for the sector is immense. Filling this gap by launching sustainable construction projects, i.e. buildings and infrastructure, will bring benefits for the entire economy and will significantly contribute to the achievement of the Green Deal’s objectives
This membership is a unique opportunity for FIEC to ensure the industry’s contribution to a sustainable Europe by making construction activities more sustainable.
The EU Taxonomy is the key to achieving a sustainable recovery after the crisis. This is particularly the case for the construction sector, which is essential for making the transition to a more sustainable economy a reality. The investment gap for the sector is immense. Filling this gap by launching sustainable construction projects, i.e. buildings and infrastructure, will bring benefits for the entire economy and will significantly contribute to the achievement of the Green Deal’s objectives
This membership is a unique opportunity for FIEC to ensure the industry’s contribution to a sustainable Europe by making construction activities more sustainable.
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Skies were blue in 2019, but storm clouds lie ahead
Today FIEC is releasing its annual Statistical Report which shows the current state of the construction sector and demonstrates its significance for the economy as a whole.
After a positive overall development in 2019, the construction sector had a good start in 2020. However, at the end of Q1, the COVID-19 crisis severely hit the construction sector in many countries. In general, work on construction has resumed and companies are still benefiting from pre-crisis healthy order books.
As construction activities usually show a delayed reaction to general economic developments, the end of 2020 will be critical for the sector as investments in new projects are expected to decline from autumn onwards. We therefore estimate a decline in investments in total construction by 8.5% for 2020.
After a positive overall development in 2019, the construction sector had a good start in 2020. However, at the end of Q1, the COVID-19 crisis severely hit the construction sector in many countries. In general, work on construction has resumed and companies are still benefiting from pre-crisis healthy order books.
As construction activities usually show a delayed reaction to general economic developments, the end of 2020 will be critical for the sector as investments in new projects are expected to decline from autumn onwards. We therefore estimate a decline in investments in total construction by 8.5% for 2020.
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New President for our Belgian Member
On 23 September 2020 Thomas SCORIER was elected President of the Belgian Confédération Construction,
succeeding Paul Depreter, President since 2017 and former FIEC Vice-President in charge of the Social Commission.
Thomas Scorier, 56 years old, is a civil engineer, CEO of the company TS Construct, specialised in timber frame and CLT (Cross Laminated Timber) construction.
FIEC wishes all the best to Thomas Scorier and is looking forward to continuing with him the longstanding and fruitful cooperation with our Belgian member federation.
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