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/ Five Ways to Finance Energy Efficiency Building Upgrades
Five Ways to Finance Energy Efficiency Building Upgrades
Financing building upgrades to make them more energy efficient is the subject of much research. It’s estimated it would need around EUR 100 billion (AU$163 billion) a year to meet the European target to tackle climate change.
Structures built since the 1960s comprise about 70 per cent of European homes. These buildings have poor energy performance, and are collectively responsible for about 40 per cent of Europe’s CO2 emissions.
Deep retrofits are needed but they can be expensive. New and innovative ways of financing are vital. Following are a few methods that do the job.