Repower Holdings

**Key Takeaways from the Sustainable Finance in the Built Environment Summit at Greenbuild** The **Sustainable Finance in the Built Environment Summit** showcased how finance can drive sustainable, resilient growth in the built environment. Here are the key insights from this powerful session: 🌎 **Sustainable Finance’s Transformative Power**: Chris Pyke, Chief Innovation Officer at GRESB, highlighted the shift toward ESG-based finance. Once separate, finance and environmental goals now converge, with sustainable finance poised to redefine real estate evaluations and performance. 💡 **Financing Green Buildings**: Justin Conway from Calvert Impact discussed how impact investing can transform communities through projects with both environmental and social impact. Beau Engman from PACE Equity highlighted PACE financing as a tool to provide affordable capital for green buildings, helping developers overcome initial cost barriers. 🌱 **Green Building Certifications and Accessibility**: Hamoda Youssef from ClimateFirst | RWDI Ventures discussed the evolving role of green certifications in finance. As LEED and BREEAM certifications gain prominence, they face challenges in linking standards with accessible financing. Youssef emphasized frameworks that make certifications achievable across the market, driving broader sustainability. 🏢 **Affordable Decarbonization in Multifamily Housing**: Grayson Jordan and Ana Leopold from Paul A. Castrucci Architects shared examples of decarbonizing multifamily buildings, showing how energy-efficient design can lower utility costs and make sustainable housing accessible. 📊 **Innovative Programs for Low-Carbon Development**: The Serosilicar Carbon program offers incentives for low-carbon practices with a proven 10:1 cost-benefit ratio. Real-world savings, like $1.2 million on a $60 million development, highlight the program’s alignment with Paris Agreement goals. 💸 **Expanding Impact Investing for Carbon Reduction**: Additionality in impact investing ensures that investments generate measurable carbon savings or social impact. Partnerships with groups like Pace Equity are creating pathways for smaller investors to participate in decarbonization. 🏛️ **Zero Carbon Program and Low-Carbon Building’s Future**: The upcoming Zero Carbon Program emphasizes embodied carbon, renewable energy use, and third-party certifications. Launching in 2025, it provides a scalable, accountable approach to sustainable building. The summit showed how sustainable finance bridges ambition and action in real estate. Thank you to the inspiring speakers! Together, we can build a resilient, carbon-neutral future. #VerdaniPartners #Greenbuild #SustainableFinance #ESG #GreenBuilding #Decarbonization #ImpactInvesting Verdani Partners Greenbuild International Conference & Expo USGBC California

Want to understand more about the complementary characteristics of the Science Based Targets initiative Buildings Project and CRREM? While CRREM uses the pathways to assess transition risks, the SBTi will use it for businesses to set decarbonization targets for building portfolios. Read the short paper to gain deeper insights into the different uses: "1.5°C Pathways for Real Estate Decarbonization: A CRREM and SBTi Collaboration and Pathway Application" Download here: https://lnkd.in/gbTdFNzD

CREO is excited to announce that in a bold move to accelerate investments in climate solutions, we are collaborating with United Nations-convened Net-Zero Asset Owners Alliance (NZAOA) in line with our commitment to deploying capital into climate solutions in the private market.  This strategic collaboration with NZAOA recognizes the critical role of the financial industry in leading the climate transition to meet the goals under the Paris Agreement. Learn more about our collaboration here: https://lnkd.in/ePhJtJHs #ClimateSolutions #ImpactInvesting #CREO #NZAOA #UNEPFI   

New paper published: Identifying sustainable retrofit challenges of historical Buildings: A systematic review Authors: Chamara Panakaduwa, Paul Coates, Mustapha Munir Abstract The UK is reported to have approximately 400,000 historical buildings as listed buildings and buildings in conservation sites. Due to the historical value of these buildings, the level of changes possible to these buildings is limited. However, the government's vision for sustainability requires retrofitting existing buildings to minimise emissions as historical buildings contribute around 5% of total UK emissions. The study finds the specific challenges of retrofitting historical buildings by systematically reviewing 52 articles. Three databases were selected, namely ProQuest, webofsciences and Scopus. Challenges of historical building retrofit were identified, generalized, and thematically presented for better comprehension. The main challenge of retrofitting historical buildings is balancing historical values with energy efficiency. As these two objectives are mutually exclusive most of the time, when one is achieved, the other has to be compromised. Further, the complexity of retrofit works and unclear building characteristics were other challenges. There is a total of nine challenges identified. The study concludes that historical building retrofit needs better attention to address the identified challenges. Technological solutions, subsidies to the owners, supply chain development and collaborative stakeholder engagement models can be helpful in this regard. Read more details: https://lnkd.in/gSdaYgKv #BuildingRetrofit #EnergyEfficiency #HistoricalSignificance #RetrofitChallenges #Sustainability

From envelope manufacturing plants in Illinois to Kyocera’s headquarters in New Jersey, Correlate Energy and Todd Michaels are driving significant carbon reductions and energy savings to big commercial buildings across the nation. 🏢🏫🏨 Read the story👇 #sustainability #renewableenergy #cleanenergy #decarbonization #ESG

🍃 Looking for potential ways to protect your indoor air quality? Consider going electric! ⚡ A newly published peer-reviewed article on a 2023 gas-to-induction NYCHA pilot found that apartment renters who swapped old gas stoves for energy-efficient induction cooktops registered 56% lower daily nitrogen dioxide (NO2) concentrations compared to those still using gas stoves. #DidYouKnow NO2 is a pollutant that can damage the lungs and is a major culprit of smog? When surveyed, 100% of the public housing residents who participated in the pilot decided to go electric permanently because of the improvements in performance, health, and quality of life. 🔗 For more detailed results, download the study here: https://bit.ly/3WntKsO H/T New York City Housing Authority (NYCHA), WE ACT for Environmental Justice, Association for Energy Affordability, Inc. Columbia University Mailman School of Public Health, Berkeley Air Monitoring Group

Submission to the special issue on "Achieving demand side management: demand response, energy efficiency, energy storage, and energy equity" is still open! Submission deadline:  1-Sep 2024 Demand Side Management (DSM) in the building sector plays a crucial role in enhancing the reliability and economic performance of electrical power grids, especially with increasing renewable energy integration. Effective DSM strategies, including Demand Response (DR), energy efficiency, energy storage, and equitable policies, are pivotal in supporting these technologies. This special issue aims to explore a broad spectrum of research addressing challenges and advancements in DSM to support grid decarbonization and energy equity. Potential topics for this special issue include, but will not be limited to: -DSM to Support Equitable Decarbonization -DSM to Support Grid Decarbonization and Advance Energy Equity -Research focused on energy equity, of particular interest and relevance to DSM -Studies addressing differential impacts of DSM on diverse and underserved populations -Benchmarking energy loads for use in DSM -Building-level, community-level, regional-level, national-level modelling, and multi-scale modelling of DSM methods -Research supporting better matching modelling DSM potential with actual participation and measured achievements in DSM programs -Energy storage to support short- and long-term DR, for example, design energy efficient buildings with thermal mass for short-term load shifting; thermochemical energy storage for seasonal DSM -Building systems with innovative controls supporting DR -Advances in building and grid interaction -Smart technologies that support both energy efficiency and demand response Guest editors: Dr. Wentao Wu University of Canterbury, Christchurch, New Zealand Energy storage, HVAC, building simulation Assoc Prof. Kristen Cetin, PhD, PE, LEED AP Michigan State University, East Lansing, United States Demand response, building-grid interaction, occupant behavior Assist Prof. Amanda Webb University of Cincinnati, Cincinnati, United States Energy performance, energy modeling, energy equity For submission guidelines and more information, visit https://lnkd.in/gWMUfs5T #callforpapers #DemandSideManagement #Demandresponse #EnergyEfficiency #EnergyStorage #EnergyEquity

Fund managers understand that asset-level performance data and benchmarks are crucial for effective decision-making in real estate, but how do we break that down to drive performance?  "Driving Sustainability Performance Through Asset-Level Data" by Parag Cameron-Rastogi (Rastogi), Director Real Asset Analytics at GRESB, in collaboration with BuildingMinds for their informative whitepaper series on "Resilient Real Estate", discusses how relying solely on aggregated portfolio data isn’t enough for decarbonization, and detailed insights into individual assets are necessary for making impactful changes. Additionally, upgrading high-consumption assets can yield much greater energy savings than optimizing those that are already green. GRESB CEO Sebastien Roussotte echoed the paper's conclusions: "Fund managers looking for comprehensive insights into their real estate portfolios understand the critical role asset-level performance data and benchmarks play in driving decision-making. We are pleased to collaborate with BuildingMinds to share perspectives on how managers can approach their portfolios to optimize individual assets and drive positive outcomes, both financially and environmentally." Download the full chapter here: https://lnkd.in/ewmyYW7i And read the Financial Times SustainableViews coverage (paywall) here: https://lnkd.in/eGxKaxGW #RealAssets #SustainableInvestments #Decarbonization