Sector

Built Environment Finance

Pioneering the place-based finance that decarbonises entire neighbourhoods.

The Challenge

Buildings Are the Biggest Emissions Challenge

Buildings account for 40% of global energy consumption and 33% of CO₂ emissions. Retrofitting existing buildings to meet net-zero standards is one of the most capital-intensive challenges in the energy transition.

Traditional project-by-project financing approaches are too fragmented and expensive. BwB's RENEW Districts framework takes a holistic, place-based approach bundling multiple building and infrastructure assets into a single investable vehicle.

40%
Of global energy consumption from buildings
Source: IEA, Global Energy Review
RENEW
Resilience · Equity · Neutrality · Environment · Wellbeing

Our Approach

The RENEW Districts Framework

BwB has developed the RENEW Districts framework a holistic set of principles for successfully structuring place-based decarbonisation models. RENEW integrates deep building retrofit, renewable energy, waste management, green infrastructure, smart mobility, and community assets into a single neighbourhood-level investment vehicle.

01

Collaborative Scoping with Local Government

Work closely with local governments to develop bankable built environment projects, with particular expertise in developing innovative financing solutions for large-scale retrofits.

02

Financial Modelling via CoE

Our Modelling Centre of Excellence develops market-leading models that leverage innovative financial solutions for built environment projects quantifying savings, co-benefits, and investor returns.

03

Blended Finance Structuring & Execution

Bridge project funding gaps using blended finance combining grants, concessional loans, and commercial capital to attract private investment at neighbourhood scale.

Financial Instruments

Key Instruments We Deploy

Place-Based Finance

Neighbourhood-level investment vehicles that bundle multiple retrofits into a single investable structure reducing transaction costs and improving risk-adjusted returns.

↳ Investment Banking

Green Bonds

Dedicated built environment green bond frameworks for local authorities and housing associations aligned with ICMA and LEED/BREEAM standards.

↳ Financial Advisory

Energy Efficiency Finance

Energy performance contract structures and green lease frameworks that monetise future energy savings to finance upfront retrofit costs.

↳ Financial Advisory

Blended Retrofit Funds

Multi-source blended facilities combining Horizon Europe grants, national government funding, institutional capital, and impact investment.

↳ Investment Banking

Track Record

BwB in Action

Built Environment

RENEW Districts Net Zero Neighbourhood Programme

BwB developed and launched the RENEW Districts framework in partnership with West Midlands Combined Authority, Innovate UK, London Borough of Hounslow, and City Science. The framework integrates deep building retrofit, renewable energy, waste management, green infrastructure, smart mobility, and community assets into a single investable neighbourhood vehicle pioneering place-based decarbonisation finance across European cities.

UK · EuropePartners: West Midlands CA · Innovate UK · ARUP · City Science · Laudes Foundation · eunomia
Built Environment

Ville de Marseille Place-Based Decarbonisation Advisory

BwB collaborated with the City of Marseille, MODUS AEdifiCANDI, Davos Baukultur Alliance, and 3Ci (Cities Commission for Climate Investment) to develop a place-based decarbonisation strategy for residential and commercial retrofit in the city, using the RENEW Districts approach to bundle multiple asset types into a single bankable structure.

Marseille, FrancePartners: Ville de Marseille · MODUS · 3Ci · Davos Baukultur Alliance

Working on a Built Environment project?

Talk to our Built Environment Finance specialists. BwB is a pioneer in place-based decarbonisation finance.

Contact Our Team