Real-estate

               
Building Information Modelling tech to develop sustainable projects…
Building Information Modelling (BIM) is emerging as a highly influential initiative for creating sustainable real estate projects. BIM involves designing projects based on models incorporating…
               
EU Parliament passes law to make buildings energy-efficient 
On Tuesday, the European Parliament passed new legislation mandating member states to accelerate building renovations to enhance energy efficiency and lower the EU's carbon emissions. 
               
Cadillac Fairview commits $9.5 million for decarbonization of…
Cadillac Fairview, managing the Pacific Centre and Waterfront Properties in Vancouver, is undertaking a $9.5 million decarbonization initiative. This project, backed by co-owners Ontario Teachers'…
               
Carbon footprint concerns shake real estate market, investors…
Real estate firms are seeing a significant drop in property values because European rules push investors and bankers to avoid buildings with high carbon emissions. 
               
UK & Egypt sign sustainable cities and infrastructure…
His Majesty’s Ambassador to the Arab Republic of Egypt, Gareth Bayley and Deputy Chairman of The New Urban Communities Authority Eng. Amin Ghoneim signed a…
World Bank approves billion-dollar loan to boost Pakistan’s energy infrastructure

Pakistan's energy sector is poised for a significant transformation as the World Bank greenlights a billion-dollar loan aimed at funding energy projects within the country. This substantial financial backing is set to bolster Pakistan's energy infrastructure and propel its economic progress to new heights.

Biodel Ag and Carbon Asset Solutions forge carbon credit partnership

Biodel Ag, Inc., a US-based carbon project developer specializing in regenerative agriculture, and Carbon Asset Solutions Ltd. ("CAS"), a prominent carbon registry and MRV (Measurement, Reporting, and Verification) provider, have announced a strategic partnership. The collaboration aims to deliver accurate carbon credit measurement and advance regenerative carbon programming as an integrated service offering.

Maldives inaugurates ESG reporting framework for private sector

The Maldives has taken a significant step towards enhancing sustainability practices in its private sector with the development of the nation's inaugural Environment, Social, Governance (ESG) reporting framework for investments. Spearheaded by the United Nations Development Programme (UNDP) in partnership with the Capital Market Development Authority (CMDA) and advisory firm PlusValue, the initiative aims to fortify the country's financial market sustainably while preserving its diverse biodiversity.

Australia faces solar waste crisis as recycling facilities struggle to keep up

Australia is confronting a looming environmental challenge as the country is projected to generate over 50,000 tonnes of solar waste annually due to the rapid retirement of solar panels. The surge in retired panels, fueled by the nation's early adoption of solar energy, has outpaced predictions and sparked urgent calls for increased recycling facilities.

EU, UK continue to lead G20 in low-carbon policies: report 

Since the first edition in 2021, the EU and the UK have consistently held the leading positions in BloombergNEF's assessment of the Group of 20's low-carbon policy frameworks, and this trend has continued into the present year. 

World Bank greenlights $1 billion for  Dasu project

The World Bank approved a $1 billion loan to finance the Dasu hydropower project in Pakistan, aiming to make electricity more affordable.