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Hidden Potential: Economics of Energy Retrofits
February 12, 2014 8:00 to 9:00 AM
Where: Cushman & Wakefield
1290 Avenue of the Americas - 7th Floor
New York, NY 10104
Hosted by: Cushman & Wakefield via Urban Green Council
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One of the key components to a low-carbon economy resides in improving the energy performance of our existing building stock. Even in the face of an appealing payback, a mixture of financial, legal, and cultural hurdles often prevents energy retrofit projects from being undertaken.
A range of studies cites the split incentive and insufficient credit (due to the prevailing commercial real estate business models) as significant financing obstacles. Recognizing the economic potential of such retrofits, numerous entities from across the fields of design, construction, environment, and finance are actively working on overcoming these institutionalized roadblocks. At this roundtable we will hear from two speakers at the forefront of establishing new financing pathways to release the full potential of the existing building energy retrofit market.
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