NIBS and Fannie Mae Release Mitigation Investment Roadmap
Building Owners are actively using green building retrofits as the key to attracting more tenants, competitive positioning in the marketplace, easier and cost-effective operations & maintenance, reduced energy bills and consumption, and carbon benchmarking. Investment in bundles of technology and sustainable practices that interoperate deliver deeper efficiencies and a more comprehensive approach.
According to The Rockefeller Foundation, upgrading and replacing energy-consuming equipment in buildings offers an important capital investment opportunity, with the potential for significant economic, climate, and employment impacts. In the United States alone, more than $279 billion could be invested across the residential, commercial, and institutional market segments. This investment could yield more than $1 trillion in energy savings over 10 years. There are many factors that are part of green retrofitting, from real-time visibility of energy consumption to operations & maintenance optimization; various sectors of the built environment are involved.