The US city that has raised $100m to climate-proof its buildings

The US city that has raised $100m to climate-proof its buildings

Ithaca has turned to private investors to help it decarbonize thousands of residential and commercial buildings

When Fred Schoeps bought a 150-year-old building in downtown Ithaca, New York, a decade ago, he was one of only a handful of building owners dedicated to ending their reliance on fossil fuels and reducing their carbon footprint.

His three-year renovation of the building, comprising three apartments above a skate store, included installing energy-efficient windows and insulation, plus fully electric appliances, heating and cooling systems.

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