Green mortgage and retrofit financing products
Buildings waste enormous amounts of energy
Buildings consume about 40% of global energy and produce roughly the same share of carbon emissions. Most of this energy gets wasted through poor insulation, inefficient heating and cooling systems, and outdated design practices.
The building sector moves slowly — most structures last decades, and retrofitting existing buildings is complex and expensive. Meanwhile, billions of people worldwide still rely on polluting fuels for basic needs like cooking and heating water, creating both climate and health problems.
Solving building energy waste requires both cutting-edge technology and practical approaches that work at massive scale. The opportunity is enormous: dramatically reducing emissions while making buildings more comfortable and affordable to operate.
Retrofitting old buildings is slow, expensive, and disruptive
Most existing buildings will still be standing in 2050, so retrofitting them is crucial for climate goals. But traditional retrofits are complex projects that can take months, cost tens of thousands of dollars, and require homeowners to navigate multiple contractors and financing options.
The retrofit industry needs to become faster, cheaper, and easier for building owners. This requires both technological innovation and new business models.
Green mortgage and retrofit financing products
Financial products that make building improvements more affordable by spreading costs over time or recognizing energy savings in lending decisions. Green mortgages offer better terms for efficient buildings. On-bill financing lets property owners pay for retrofits through utility bills. These products remove upfront cost barriers.