New Leasing Languages: How Green Leasing Programs Can Help Overcome the Split Incentive

Typical leases often create a split incentive between the building owners and tenants where the cost of investing in energy and water efficiency improvements is assumed by one party while the other experiences the benefit of reduced utility costs resulting from those improvements. This resource outlines research on the benefits of incorporating energy efficient language into leases and how it can lead to dramatic savings for all parties involved. 

The paper outlines the benefits of Green Lease Leaders programming by highlighting the challenges and opportunities green leasing presents, best practices for execution, long-term impacts and more.