One City aims to overcome historic
under-investment in the City’s public buildings and the lack of private sector
investments in energy efficiency. One City targets major barriers such as a
lack of information transparency about private building energy use, limited
resources for investment, and mistrust in a fragmented market for energy efficiency.
The TWG is seeking to overcome the high cost of
deep building retrofits and the uncertainty of planning for 2050 due to
unforeseen long-term changes to technology, power supply, and demand for
energy. The TWG is supported by a technical study that assesses multiple
pathways for GHG reductions in buildings and their associated costs.
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