Policy Solution

Weatherization

Funding and Financing

Overview:

Summary: Weatherization protects a building and its interior from natural elements including sunlight and associated heat by cleaning, repairing, replacing mechanical systems and components, building shell materials, and electrical and water appliances.

Implementation: Provide financial assistance to eligible households to weatherize their homes through grants or reimbursements.

Considerations for Use: This intervention can be piloted with an initial amount of funding to build government and workforce capacity. Older and less-maintaned buildings benefit greatly from weatherization upgrades. Low-income residents can also benefit from lower energy bills as a result of weatherization.

  • Policy Levers:

    Funding and FinancingThe allocation of public or philanthropic funding or private financing to implement projects, including risk transfer mechanisms.
  • Trigger Points:

    City planning processesIncludes city initiatives such as the development of climate action plan, pathway to zero-energy, master plan, transit plan, energy mapping etc.
  • Intervention Type:
    Buildings and Built Form
  • Sectors:
    Buildings, Informal Settlements

    Impact:

  • Target Beneficiaries:
    Heat-vulnerable communities, Property owners, Residents
  • Phase of Impact:
    Risk reduction and mitigation
  • Metrics:
    Energy savings

Implementation:

  • Intervention Scale:
    City, National, Region, State/Province
  • Authority and Governance:
    City government, National government, State/provincial government
  • Implementation Timeline:
    Medium-term (3-9 Years)
  • Implementation Stakeholders:
    City government, Property owners and managers
  • Funding Sources:
    Public investment
  • Capacity to Act:
    High, Medium

    Benefits:

  • Cost-Benefit:
    Medium
  • Public Good:
    Medium
  • GHG Reduction:
    High
  • Co-benefits (Climate/Environmental):
    Reduce greenhouse gas emissions
  • Co-benefits (Social):
    Increase property values, Save on utilities