BNP Paribas Expands Support for Energy Renovations in France, Addressing Key Barriers to Sustainability

BNP Paribas Expands Support for Energy Renovations in France, Addressing Key Barriers to Sustainability

(IN BRIEF) A BNP Paribas study, conducted with Harris Interactive, reveals that while 94% of French people prioritize energy-efficient home renovations, cost and complexity are significant barriers. In response, BNP Paribas plans to support 400,000 renovations across Europe by 2026. This includes offering financing options like Energibio, zero-rate eco-loans, and partnerships with EDF to guide customers through the renovation process. BNP Paribas also supports apartment blocks with simplified financing solutions and offers mortgage rate subsidies for energy-efficient home purchases.

(PRESS RELEASE) PARIS, 16-May-2025 — /EuropaWire/ — A study commissioned by BNP Paribas and conducted by Harris Interactive has revealed that improving the energy performance of homes is a top priority for the majority of French people, with 94% considering it essential. However, the study also identified key barriers preventing action on energy renovations, including high costs and complicated processes such as navigating grants and choosing the right contractors. These challenges affect 72% of the population, despite the fact that 85% believe that energy performance has an impact on their home’s resale value, and 80% view renovation as crucial to avoid undervaluing their property.

In response to these insights, BNP Paribas is committed to supporting 400,000 energy-efficient home renovation projects across Europe by 2026. The initiative will leverage the expertise of BNP Paribas Personal Finance and BNP Paribas’ commercial banks to help individual customers and apartment blocks navigate their energy refurbishment projects.

BNP Paribas is strengthening its offerings for individual customers and apartment blocks, with a particular focus on streamlining the renovation process. In France, following a successful 2024 pilot phase in nearly 10 regions, the French Commercial Bank is expanding its partnership with IZI by EDF to provide comprehensive support for customers throughout their renovation journey. This includes guidance on identifying renovation needs, estimating costs, securing financial grants, financing remaining costs with preferential rates, and overseeing the execution of renovation work.

Key financial products include:

• Energibio: A personal loan designed to finance energy renovation work.

• Energibio Acquisition: A housing credit envelope for energy renovations during property purchases, with rates as low as 1.5% (1% for first-time buyers) up to €50,000.

• Zero-rate eco-loan: A package offering zero-interest loans for energy renovations, up to €50,000, which can be combined with government aids such as MaPrimeRenov.

Furthermore, BNP Paribas is offering retail customers a mortgage rate subsidy when purchasing homes with a good energy performance rating of A or B.

Given that apartment blocks account for one-third of the housing stock in France, BNP Paribas is also enhancing its offerings for shared buildings. Domofinance, a BNP Paribas subsidiary, has developed solutions over the past 12 years, including group loans that do not require co-owner solidarity, aiming to further simplify energy renovations for apartment buildings in 2025.

The study was also conducted in seven other European countries, including Belgium, Italy, Germany, Luxembourg, Spain, Poland, and the United Kingdom, providing a broader understanding of the challenges and opportunities in energy-efficient home renovations across Europe.

About BNP Paribas
Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

Media contacts:

Thomas Alexandre
Investment & Protection Services Payments
+33 (0)6 02 19 48 69
thomas.alexandre@bnpparibas.com

Céline Argy
French Commercial Banking
+33 6 64 46 60 46
celine.argy@bnpparibas.com

SOURCE: BNP Paribas