(1 GBCI + 1 AIA LU) Financing Resilience with C-PACE

On September 20, 2019, school children in the Solomon Islands arrived by canoe to their demonstration site to join the 4 million others around the world in the School Strike for Climate. In 2019, 906 thousand hectares of the Amazon rainforest were lost to fires, wiping out one of the earth’s best carbon sinks. Meanwhile, governments across the world, particularly local municipal governments throughout the U.S., representing concerned citizens with their hearts in the right place, are adopting ambitious climate plans with very little logistics for achieving them. Many of these climate plans rely heavily on the idea that improving buildings is a key solution, buildings being responsible for 40% of energy consumption in the U.S. However, until now there has been no practical way to execute this at scale across the entire fabric of commercial building square footage, two-thirds of which is small, with ownership that lacks the…