As COP-28 unfolds, the world witnesses nations forming alliances and making commitments to secure a sustainable future. On the first day of the event, the Loss and Damage Fund was cleared with over USD 450 Mn of commitments from various countries, wherein all developing countries are eligible to apply for the fund to get compensation […]
As the 28th Conference in Dubai kicked off last morning, the real estate sector finds itself on the cusp of significant transformations. In a letter addressed to parties in July 2023, the incoming Presidency outlined the key priorities for COP 28, emphasizing four paradigm shifts; Fast-tracking the energy transition and slashing emissions before 2030 – […]
Climate change has become the biggest cause of concern across the world. Considering the severity of the current situation, major economies of the world have come together to combat global warming and control their carbon footprint. In 2015, 196 parties including European Union (EU) signed the treaty on climate change. While Denmark, Sweden, and Chile […]
3D printing and prefabrication are changing the way we build. These are two approaches that have got substantial attention over the years and have revolutionized various industries and continue to shape the way we design, manufacture and build objects and structures. In terms of building workspaces, both offer unique advantages and disadvantages. 3D printing, while […]
It is widely recognized that the built industry is responsible for 40% of global energy-related carbon dioxide emissions. In response to this, there has been a significant drive to create sustainable properties, achieved through meticulous planning and reducing energy consumption. Energy modelling has emerged as a vital tool in designing and operating buildings with a […]
The construction industry has witnessed a transformation over the years, driven by emerging technologies, changing regulations, and a growing emphasis on green construction practices. Today, the focus is on building sustainably and minimizing the environmental impact of the built environment. The industry has undergone significant changes to embrace these principles, resulting in more energy-efficient designs, […]
The year 2022 wrapped up an eventful period, interspersed with mounting apprehensions regarding geopolitical headwinds emanating from several global predicaments, and yet, offset by robust market sentiments as seen in the office and residential markets of the country. While the pandemic subsided to a great extent, the economy remained largely on the back foot owing […]
With net zero commitments leading nations and businesses to create strong action plans, the focus is fast moving towards a more sustainable time ahead. Amidst the flurry of new zero pledges, it is imperative to bolster them with plausible and rational propositions. Given that the real estate sector is a key component of urban development, […]
ESG factors have assumed much significance in the real estate sector in the recent years, becoming an integral part of organisation strategies as they benefit the stakeholders not only from a financial returns perspective but also from an environmental sustainability standpoint. The deliberations that began with sustainability were propelled furthermore by the pandemic to include […]
As more and more countries seek to legalise carbon commitments on the heels of COP26 at Glasgow, we take a look at what this means for the corporates operating around the world. Stating the obvious, effects of climate change is no longer a future event, but a crisis we are all in the midst of. […]