The European Commission announced a new strategy to standardize the construction industry in the EU to integrate the implementation of energy efficient technology and sustainable building construction and design into common building practice. Standard design and construction practices are to be put in place around Europe, to create a level playing field for construction companies to work in other member states around the EU. The emphasis will be on energy efficient building design and practice, with a package of £120 billion in loans available from the EIB (European Investment Bank).

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