Green Fintech Network hat dies direkt geteilt
GDFA Associate Director Jannika Aalto co-authored a report examining the potential of #carboncredits for the financing of #residential #energy #retrofits. This work was conducted as part of our participation in the Green Deal ARV consortium which explores different avenues for the transformation of European cities from an energy perspective. #urban #cities #resilience #energytransition Gerrit Sindermann Nicholas C. Niggli Florian Kemmerich Inger Andresen Swapna Saha C40 Cities Partnership for Carbon Accounting Financials (PCAF) Global Alliance for Buildings and Construction (GlobalABC) James Drinkwater Katherine Foster Wei Yang OBE Empa Sandro De Luca Green Fintech Network
Financing home retrofits is notoriously challenging. Could retrofit carbon credits help bridge the financing gap? We worked with City of Palma and IREC to assess the feasibility of carbon credit revenue to finance residential energy retrofits in the ARV project in Palma de Mallorca. Our findings show that district-scale deep renovations can cut ~1,900 tonnes of CO2e per year, but current carbon prices are too low for profit. Communicating social benefits, alongside reducing operating costs, especially for monitoring and verification, and high-quality carbon credits are key to unlocking that premium. We identified future opportunities in: 💶 Finance: Use carbon credits as collateral for energy efficiency financing , and explore other digital financing solutions 📊 Data: Integrate digital MRV, streamline emissions reduction calculations 🤝 Demand creation: Build coalition/pipeline of national buyers and link to local project ecosystems 📒 Methodologies and standards: Test existing data frameworks’ feasibility to underpin carbon credits financing, develop (better) methodologies to capture social value Get in touch if you're tackling similar challenges or are interested in the future opportunities - we are looking for partners to explore those next! Read the full story and try the assessment tool here: https://lnkd.in/d9pctRiy Thanks for the great collaboration Antoni Llabrés Payeras , Lucas Amengual and Jaume Salom and the rest of the project team at Green Deal ARV! Gerrit Sindermann Nicholas C. Niggli Florian Kemmerich Green Digital Finance Alliance Pietro Visetti