[From Philanthropy News Digest] The Doris Duke Charitable Foundation has announced $2.7 million in grants through a national competition designed to support replicable approaches for increasing the number and depth of energy efficiency retrofits in existing buildings.
Nine organizations were awarded grants ranging from $135,269 to $350,000 to address barriers that prevent building owners, property mangers, leaders, and investors from undertaking and financing retrofits in residential and commercial buildings, including the "split incentive" problem in which tenants rather than landlords benefit from energy-efficiency improvements financed by property owners as well as a lack of capital for upfront costs. To address these and other barriers, recipients will work to develop and test a range of financing models, marketing strategies, and tools for assessing energy use and retrofit options.
Buildings account for roughly 40 percent of the nation's energy use and represent the single largest source of carbon dioxide emissions. Despite the potential for significant energy savings and financial benefits, numerous barriers impede energy efficiency retrofits in both the residential and commercial real estate sectors.
In addition, DDCF recently awarded grants of $600,000 and $550,000 to the Natural Resources Defense Council and New Buildings Institute, respectively, to address barriers to energy-efficiency retrofits in the commercial real estate sector through its Environment program. The recent grants bring the total amount awarded by DDCF in 2010 for improving energy efficiency in buildings to $3.8 million.
For a complete list of Environment Program grants made by the foundation, visit the DDCF Web site.
“Hundreds of Nonprofits Respond to National Competition Soliciting Scalable Ideas for Propelling Energy Efficiency Retrofits of Buildings Across U.S.” Doris Duke Charitable Foundation Press Release 10/25/10.