WEO Week: Sectoral transitions to new energy industries

American Jobs Plan - Building retrofits

Last updated: 6 July 2021

Within the American Jobs Plan, President Biden proposed a USD 360 billion investment in building retrofits. It is constructed on three main points:

- USD 213 billion will be allocated to produce, preserve, and retrofit more than two million affordable and sustainable places to live

- Modernize the nation's schools and early learning facilities, including USD 100 billion to upgrade and build new public schools, USD 12 billion investment in community college facilities and technology, and USD 25 billion to upgrade child care facilities and increase the supply of child care

- USD 10 billion in the modernization, sustainability, and resilience of federal buildings, including VA hospitals

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