The last few months of a brutal summer were a prelude to what is to come if global climate continues to degenerate. The US has been experiencing a severe heat wave and Mumbai, according to climate scientists, is drowning two inches every year due to rising water levels. Climate change migration has become a reality and shifting seasons has severely affected global farming practices.
But the good news is, we can still reduce and limit some of the damage caused by global warming. A report by the Energy Transitions Commission says that Carbon Dioxide Removals (CDR), alongside rapid and deep global decarbonisation, can increase our chances of limiting global warming by 1.5 degree Celsius, i.e. by 50 percent. While all sectors need to pitch in the mission, the real estate industry must lead the movement by implementing the right measures and practices to decarbonise the built environment, as buildings account for approximately 40 percent of total global energy use and emissions.
But how? There are a couple of big and small measures that can go a long way in saving the planet. What the real estate industry needs is innovation, creativity, technology and the willingness to do right by its communities.
New building regulations
This story is from the October 16, 2022 edition of Business Today India.
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This story is from the October 16, 2022 edition of Business Today India.
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