Unlocking the Retrofit Revolution: How to Translate Climate Funds Into Energy Efficiency Action
In 2020, buildings accounted for around 28% of total global energy-related emissions. In the U.S., buildings account for 40% of energy-related emissions. Governments have long understood the substantial contribution buildings make to overall emissions and have made efforts to reduce their impact over the past three decades through state-led retrofitting incentives. Yet these efforts have largely been piecemeal and have failed to drive renovation at sufficient scale to deliver on climate commitments.
The common challenge is how to translate money into action - to ensure that retrofitting schemes operate smoothly, drive renovation at pace and at scale, and deliver buildings fit for the future. This report from ROCKWOOL Group and Cambridge Econometrics seeks to break new ground in tackling this delivery challenge, working across silos with 40 international renovation experts including policymakers, industry leaders and financial institutions, pursuing solutions that will unlock the benefits of building renovation.
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