Transforming the building sector is essential for climate mitigation and adaptation. The sector is responsible for 34% of the world’s energy-related GHG emissions. Global floor area is set to double by 2060, with most new construction in warmer regions where cooling needs are rising. Extreme weather also increases demands for resilient buildings. Rapid decarbonisation is critical to meet the Paris Agreement’s 1.5°C goal.
Yet, climate finance for sustainable buildings still lags due to weak policy frameworks, limited guidance, and scarce financial incentives. In many emerging and developing countries, knowledge of funding opportunities and capacities to access them remains insufficient.
The Partnership for Energy Efficiency in Buildings (PEEB) improves conditions for financing large-scale energy efficiency and resilience projects. It supports ambitious policies and private sector frameworks, mobilises investment, and accompanies projects through preparation. Working with development banks and financial institutions such as AFD, PEEB promotes large-scale financing that reduces energy demand and greenhouse gas emissions cost-effectively.
GIZ advises partner countries on behalf of the Federal Ministry for Economic Affairs and Climate Action (BMWK) under the International Climate Initiative (IKI), with co-financing from FFEM and the Green Climate Fund (GCF).
Activities include:
• Promoting policies and regulations such as green building codes and incentives
• Supporting private sector initiatives for climate mitigation
• Developing good practice examples for implementing low-emissions measures
• Building technical and financial expertise, including use of Paris Agreement Article 6 mechanisms
• Supporting incentive systems that mobilise private investment and provide long-term security
PEEB’s activities reach a broad target group in partner countries and feed into international networks as practical examples of climate action in the building sector.