A WORLD-CHANGING GREEN INITIATIVE
According to the IPCC, global warming is accelerating 26% faster since 1970 and greenhouse gas reduction measures need to be sharply increased in both scope and scale if we are to avoid an unsustainable future.
UNDERSTANDING THE POWER OF PACE
PACE (Property Assessed Clean Energy) is both a financing tool and an ecosystem. While there is no doubt that PACE is a game changing Climate Change tool that both unleashes unlimited green capital investments and mobilizes the private sector to become Climate Change champions, it only does so when properly understood and implemented.
PACE The Tool: Property owners borrow 100% of the upfront costs of implementing energy savings, renewable energy and resiliency measures, and then repay the loan over the life of the upgrades, making it affordable for homeowners and profitable for businesses.
PACE The Ecosystem: Consultants, developers, contractors, suppliers, lenders, service providers and government organizations are all motivated to promote, facilitate, and deliver PACE enabled upgrades to their clients and constituents.
PACE makes it easy for homeowners to upgrade their homes, and attractive for businesses to reduce their energy and carbon footprint, all while making it profitable for the private sector to invest and provide GHG reduction goods and services. PACE is a classic Win-Win scenario.
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