We want a world of beautiful homes and vibrant neighborhoods, free from architectural neglect and baleful land consumption.

More than 75 percent of Europe's housing stock is obsolete but less than 1 percent of it is renovated each year. This figure, one of many, outlines a great investment opportunity but also, and above all, a fundamental social urgency given that in Italy alone, in 10 years, there will be 500,000 fewer houses than needed despite the fact that there are 10 million empty houses.

For us, regeneration is a win-win: more houses for everyone and less land consumption, more green areas and fewer abandoned suburbs. Regenerating real estate in addition to being an economically competitive practice compared to new construction, it is also the key to turning the tide from an environmental impact point of view.

Encouraging reuse allows us to practice the necessary alternative to baleful land consumption.

What happens

IN EUROPE AND THE WORLD

Too few people know that our future depends on the thin layer that extends beneath our feet. Soil and the multitude of organisms that live in it provide us with food, biomass, fiber and raw materials, regulate water, carbon and nutrient cycles and make life on earth possible. It takes thousands of years to produce a few inches of this magic carpet." (European Commission, 2021)

Sealing is the leading cause of soil degradation in Europe, it leads to increased risk of flooding, contributes to climate change, and to the loss of capacity to regulate natural cycles and mitigate local thermal effects.

Policy maneuvers in this area are already underway and will radically change our approach to building

  • Zero net land consumption by 2050 (European Parliament and Council, 2013)
  • Adequate protection of soil including by adopting targets for soil as an essential natural capital resource by 2020 (European Parliament and Council, 2013)
  • Aligning consumption with real population growth by 2030 (UN, 2015)
  • Non-negative balance of land degradation by 2030 (UN, 2015).
What happens

IN ITALY.

In Italy, 28 percent of the population lives in homes without sufficient rooms. And yet, Italy, has one of the largest stock of empty homes in Europe: more than 10 million, accounting for nearly a third of the total housing stock.

Even in Milan, where demand for homes continues to grow over the years-and consequently prices-almost 12 percent of homes are empty.

At the national level, the Plan for the Ecological Transition (PTE) has set a goal of achieving zero net consumption by 2030, which is 20 years ahead of the European target and in line with the date set by the Global Agenda for Sustainable Development. Zero land consumption, according to the ETP, will have to be achieved both by minimizing artificial interventions and by increasing the natural restoration of the most compromised areas, such as urban areas and coastlines, and is also considered a key measure for adaptation to climate change, to be regulated through a special national law, as also recalled by the National Recovery and Resilience Plan (NRPR)*.

*.isprambiente.gov.it