Decarbonizing the Real Estate Sector One Building at a Time Haritha Saranga Nayonika Goud
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The real estate sector is one of the major contributors to global carbon emissions, contributing 17% of global greenhouse gas (GHG) emissions. However, in recent years, there has been a significant shift towards sustainable real estate practices by architects and real estate developers. With this shift, we are now seeing an increasing focus on sustainability and climate change mitigation. you can find out more One building at a time. It is imperative to reduce carbon emissions in the real estate sector and to address the current shortage of sustainable buildings. The real
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I was 22 years old, working at the Real Estate firm when I came up with the idea for Decarbonizing the Real Estate Sector. The concept of decarbonizing the real estate sector, which I first saw in one of my colleagues’ presentation, immediately struck me as an exciting opportunity for us. But it seemed daunting at first – how do we decarbonize real estate? What are the ways to achieve it? But I was determined to turn this challenge into a solution. First, we took up a survey
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In order to tackle climate change, the real estate sector is expected to decarbonize. This is because the real estate sector accounts for a significant share of carbon emissions globally. A recent study by the University of Pennsylvania, “A Green Shoot” shows that to meet the Paris Climate Agreement’s targets, real estate sector needs to decarbonize by 2050. This means we need to create buildings and infrastructure that generate zero carbon emission. One way to achieve this is by retrofitting buildings to reduce their energy consumption. It
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Decarbonizing the Real Estate Sector is an important step to combat global climate change, reducing carbon emissions from buildings is critical. It has gained widespread attention, and several efforts have been made to bring decarbonization to the Real Estate Sector. The aim is to create sustainable and energy-efficient buildings. However, implementing decarbonization technologies in buildings requires innovation and expertise. The aim of this case study is to explore the potential of implementing decarbonization technologies in real estate sector. Decarbon
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Decarbonizing the real estate sector one building at a time is a crucial initiative to curb climate change, but the sector’s contribution to carbon emissions is relatively low and hence it is not considered a high priority for any real estate developer. However, this is not the case in real estate. A recent report by IREBA says that the real estate sector in India, as on the last estimate, accounts for 11% of total carbon emissions. That means the sector can achieve around 44% of its total carbon emissions by taking steps to dec
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Decarbonization is the process of achieving a specific reduction in the emissions of greenhouse gases, including carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O), from the activities or processes that release these greenhouse gases. The purpose of decarbonization is to reduce the levels of greenhouse gases that contribute to climate change, and to achieve this, it is necessary to promote green building. The main challenge in the real estate sector when it comes to decarbonizing is how
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Real Estate Sector: The real estate sector is the largest and fastest-growing sector in the world with a tremendous scope for sustainable growth. However, due to environmental degradation, it faces severe challenges, including carbon emissions, energy consumption, water usage, and pollution, which hinder growth and profits. Today’s Trends: As the world looks towards decarbonization, real estate sector has the opportunity to lead the way in this journey. Recent innovations in green building practices
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When the world woke up on Saturday, December 3, 2015, the weather all over the world got warmer than normal. The UK temperature surpassed its average by around 1.3 degrees Celsius, the US temperature by 1.9 degrees, and New Zealand was the latest to join the fray. All around the world, the climate was shifting, and the heat was increasingly erratic. The heat was an unwelcome surprise to global real estate, as the sector is often associated with carbon-intensive and