Energy Retrofitting in Built Environment: Financing and Policy Evaluation

Given the current situation in which energy efficiency is considered as an important issue and the potential rise of greenhouse gas emissions, this paper analyzes and finds possible ways to improve energy efficiencies in buildings through an evaluation of existing business models and relevant policies. The first phase of analysis includes the selection of the best business model from the existing retrofitting business models, comparing their performance to stakeholder interest and market challenges, based on the policy framework and its elements and therefore addressing the most suitable business model for the retrofitting process. The second phase of analysis involves evaluation, based on the set Objectives/Goals, of the both private sector and government existing policy options for Financing the Energy Retrofitting of the buildings, thereby addressing the Financing challenges of the Retrofitting process. Additionally, Policy Recommendations are made to improve the Energy Efficiency of the Building Envelopes as a whole and the Building Stocks that involve the Heating and Cooling Technology through Stakeholder engagement and Innovative Technological development. Table of