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IS-2024-182 Retrofit for Purpose: The Role of Finance in Enabling Decarbonization through Non-Residential Building Retrofits

Published by Siemens Financial Services, January 2024

This whitepaper highlights the importance of flexible financing models in decarbonizing non-residential buildings. It explores how energy-efficiency-as-a-service (EaaS) models can enable building retrofits without upfront capital, helping buildings meet 2030 and 2050 climate targets. The report estimates that these financing solutions could reduce emissions by over 210 MtCO2e annually by 2030 across key regions like the U.S., Europe, China, and India.

Keywords: Building Retrofits, Climate Change, Construction/New Buildings, Energy Efficiency/Management, Smart Cities

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