Funding and Financing
Cool roofs are designed with materials that reflect more sunlight than conventional roofs, reduce building heat retention, and in turn reduce the urban heat island effect. Cool roofs can reduce internal building temperatures by up to 30%.
Initiate grant program to fund installation of cool roofs for eligible new and existing properties (e.g. low-income households).
Considerations for Use
Areas with cold winters will trade-off reduced heat retention during warmer months with increased heating needs and moisture buildup during colder months. Cool roofs work best in areas with uniform building heights. Shorter buildings may cause glare on taller buildings. Depending on the treatment applied, cool roofs lose some surface reflectivity over time. The cost of coating materials will vary based on selected coating and local availability. Integrating cool roofs in new construction is more cost effective than a retrofit, but cool roofs are still one of the most affordable and approachable retrofit measures.
Climate:Hot/Dry, Hot/Humid, Temperate
Policy Levers:Funding and FinancingThe allocation of public or philanthropic funding or private financing to implement projects, including risk transfer mechanisms.
Trigger Points:No-regrets actions (low cost/low effort but substantial benefit)Interventions that are relatively low-cost and low effort (in terms of requisite dependencies) but have substantial environmental and/or social benefits.
Intervention Types:Buildings and Built Form
Sectors:Buildings, Informal Settlements
Target Beneficiaries:Heat-vulnerable communities, Residents
Phase of Impact:Risk reduction and mitigation
Metrics:Energy savings by building, Indoor air temperature reductions, Number of buildings compliant with provision, Outdoor ambient air temperature
Authority and Governance:City government, State/provincial government
Implementation Timeline:Short-term (1-2 Years)
Implementation Stakeholders:City government, Private developers, Property owners and managers
Funding Sources:Private investment, Public investment
Capacity to Act:High, Low, Medium
Co-benefits (Climate/Environmental):Reduce greenhouse gas emissions
Co-benefits (Social/Economic):Improve the public realm, Save on utilities