

Accelerating Building Decarbonization with Private Credit
The built environment is a major contributor to greenhouse gas emissions -- 30% of global carbon emissions. Today, 62% of mid-market commercial buildings require upgrades, with an estimated $800B+ financing shortfall. The lack of upgrades leave asset value at risk of a “brown” discount, keeping operating costs high and valuations depressed. To avoid the worst effects of climate change, buildings need to dramatically reduce their energy use intensity, accelerating the work by three times. What can be done to accelerate investment to drive better outcomes for owners, investors, and the climate?
What are financing solutions that can address these gaps and mitigate the risk of declining asset values for unimproved properties?
Is there a compelling business case to be made to owners who need to take on the financial cost of these investments?
Should we re-examine the potential of private credit as an asset class to optimize climate solutions?
What mechanisms are there to unlock demand at scale to deploy more widely solutions for energy and water efficiency and climate resiliency?
Featuring:
Brad Dockser, Founder and CEO of GreenGen
Lex Ford, CEO and President of Climate First Bank
Joe Stevens, Founding Partner of Sustainable Credit Partners