Adapting Old Buildings to Climate Change Requires New Financial Tools


credit: Flickr

The startup BlocPower uses software to identify buildings that are prime candidates to receive more efficient energy systems.

That might mean installing an electric heat pump or a microgrid to make a building's power system self-sufficient. BlocPower works with commercial apartment buildings and public housing in addition to single-family homes and works to train local construction crews to install the modern systems.

The company operates in New York, Oakland, California, and Milwaukee, with plans to expand to Baltimore, Washington, Los Angeles and Chicago. It has worked on 850 buildings in Brooklyn alone.

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Federal Programs Related to - Impact Investing

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    Federal Programs Related to - Social Innovation

    Non-NPC category for MTurk implementation

      Federal Programs Related to - Environment, General/Other

      Programs whose purpose is to preserve, protect, and where possible, improve the environment. Biodiversity Programs; Ecosystems


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      The United Nations Intergovernmental Panel on Climate Change (IPCC) published the first of three volumes of its fifth Assessment Report (AR5). The findings of the report show that mainstream businesses have become greener, with an emphasis on reducing carbon emissions which are the key sectors for impact investment.




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