Events

This event was livestreamed from Belèm, Brazil.

Effectively unlocking investment in retrofitting remains a critical challenge. Despite the clear economic and environmental benefits of retrofitting buildings, financial barriers continue to hinder large-scale adoption. The split incentive dilemma—where asset owners bear the capital expenditure for upgrades while tenants reap the financial benefits—remains a major roadblock. Additionally, uncertainty around commercial viability, regulatory frameworks, and financing mechanisms further complicates large-scale retrofitting efforts.

This session brought together businesses, technology providers, and policy makers to showcase best practice implementations supported by conducive policy environments. The session aligned with the COP30 Buildings and Cooling Pavilion’s priority areas, including financing resilient buildings, high decarbonisation-potential technologies, and innovative approaches.

This event was organised in partnership with GlobalABC, the World Business Council for Sustainable Development (WBCSD), the European Commission, Jones Lang Lasalle (JLL), Trane Technologies, and the German Energy Agency on behalf of the Hub Energy Efficiency in Buildings Task Group.

For further details, please visit the GlobalABC event page.