Funding Equitable Residential Decarbonization in Berkeley

Decarbonizing existing buildings is imperative to achieving our climate goals but has a large price tag. Absent the ability to access substantial incentive dollars, many building owners will not be able to afford these investments or will pass these costs on to tenants, exacerbating displacement risk and the housing affordability crisis. Building on Berkeley’s cutting-edge climate policies, city staff and the Building Electrification Institute wanted to understand how to fund the decarbonization of Berkeley’s housing stock while preserving housing affordability. They commissioned a funding gap analysis, which analyzed the cost to decarbonize Berkeley’s residential buildings by 2045; identified federal, state, regional, and local funding sources that support equitable decarbonization; quantified the remaining funding gap; and explored fundraising opportunities to fill that gap. Members of the project team will share their approach, provide key findings from this analysis and offer a roadmap for other jurisdictions to conduct similar assessments.


  • Dani Makous (she/her)(Speaker)Building Electrification Institute, Assistant Director
  • Bridgett Neely(Moderator)Firefly Energy Consulting, President
  • Catherine Campbell-Orrock(Speaker)Building Electrification Institute, Deputy Director
  • Nick Dirr(Speaker)Association for Energy Affordability, Senior Director, Programs