Financial Planning

High Rise / Low Carbon Event Series: Financing Deep Retrofits


Short term return-on-investment calculations are a frequent barrier to better performing buildings, leaving the many benefits of decarbonization out of reach for building occupants and exposing owners and investors to the future risks of holding a stranded asset. Future proofing buildings from anticipated regulations–from carbon emissions to human health–requires longer term thinking and innovative financing models.

A number of organizations are undertaking processes that account for the net-present-value of retrofit measures, and are benefitting from new tools that allow comparisons of various phasing options. 

During this High Rise / Low Carbon series program developed to support the Empire Building Challenge and other NYSERDA programs, panelists will discuss exploring how to move beyond simple payback analysis to allow value over time to guide decisions and enable the efficient phasing of building improvements, which will hugely enhance comfort and health while also meeting the goals of our City and State climate action plans.

Opening Remarks

Greg Hale, Senior Advisor for Energy Efficiency Markets, NYSERDA


Sadie McKeown, President, Community Preservation Corporation (CPC)


Lane Burt, Managing Principal, Ember Strategies
Grayson Hoffmann, Investment Manager, Norges Bank Investment Management
Erangi Dias, Director of Business Development, NYCEEC
David Davenport, Managing Director, NY Green Bank

Closing Remarks

Sophie Cardona, Senior Project Manager, NYSERDA

Source: Building Energy Exchange