Newsletter

Mayors Say Building Codes And Zoning Are Their Most Powerful Tools To Fight Climate Change

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February 17, 2023
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Fifth Wall Newsletter: https://mailchi.mp/fifthwall/a-battle-with-billions-of-tax-credits-at-stake 

Most mayors are worried about how climate change will impact their cities, according to a survey covered by Axios.

Mayors surveyed view their influence over building codes and zoning as one of the most powerful tools to fight climate change.

Some mayors favor steps like replacing gas-powered city vehicles with EVs or supporting solar power initiatives—and those moves have the support of their constituents, too. 

These stats illustrate the momentum toward decarbonization. Local legislation has a huge impact on the real estate industry (think Local Law 97 in New York). And a push on this level could bring in an unprecedented amount of retrofitting.

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