United States Building Energy Efficiency Retrofits: Market Sizing and Financing Models
This research study, a collaboration between DB Climate Change Advisors (DBCCA) and The Rockefeller Foundation, examines the potential size and investment opportunity of upgrading and replacing energy-consuming equipment in US real estate. The paper highlights this investment opportunity, with the potential for significant economic, climate, and employment impact.
Underlining the importance of the paper's findings, Rockefeller Foundation President Judith Rodin noted, “Buildings consume approximately 40% of the world’s energy and are responsible for 40% of global carbon emissions. However, proven technologies to retrofit buildings can both conserve energy and - even more importantly in these difficult economic times – have the potential to create a large number of jobs. With the release of this new report, outlining both the investment and job opportunities, I am increasingly hopeful that this market can achieve its full potential.”