Net Zero: An effective strategy to mitigate climate change
Real Estate

Net Zero: An effective strategy to mitigate climate change

Every nation, sector and industry, as well as each and every one of us, must collaborate to find ways to reduce the amount of carbon we produce because what we do in coming years to reduce emissions will be crucial to the future. And the real-estate sector is no exception.

In real estate, decarbonisation becomes increasingly significant as the nation moves toward a net-zero carbon economy by 2070. Globally, the built environment is responsible for 75 per cent of greenhouse gas (GHG) emissions, with the building sector on its own accounting for 37 per cent. In India, about 22 per cent of total emissions are from the building sector, which is also one of the largest consumers of natural resources.

Although the terms ‘carbon neutrality’ and ‘net-zero carbon’ are two terms used most frequently to define the requirements for taking action to mitigate climate change, there is a significant lack of clarity regarding what these terms mean.

Understanding net zero

“Like any new metric,” says Autif Sayyed, South Asia Lead for Green Buildings, Climate Business Department, International Finance Corporation (IFC)- World Bank Group, “there is a risk of misuse of the zero energy and zero carbon standards. As these standards are new, end consumers are often not aware of what they imply. Unfortunately, there has been some ambiguity on how and what to measure the performance of buildings to classify them as zero energy or zero carbon. The global community is now coming to agreement on these standards. The most common myth is that just by switching to a 100 per cent renewable source of energy, a building can be classified as zero energy. Most global platforms now require that a building should first reduce its need for operational energy through efficient design before resorting to renewables. Another important criterion is third-party validation of the building’s actual performance...

To read the full story, CLICK HERE.

Every nation, sector and industry, as well as each and every one of us, must collaborate to find ways to reduce the amount of carbon we produce because what we do in coming years to reduce emissions will be crucial to the future. And the real-estate sector is no exception. In real estate, decarbonisation becomes increasingly significant as the nation moves toward a net-zero carbon economy by 2070. Globally, the built environment is responsible for 75 per cent of greenhouse gas (GHG) emissions, with the building sector on its own accounting for 37 per cent. In India, about 22 per cent of total emissions are from the building sector, which is also one of the largest consumers of natural resources. Although the terms ‘carbon neutrality’ and ‘net-zero carbon’ are two terms used most frequently to define the requirements for taking action to mitigate climate change, there is a significant lack of clarity regarding what these terms mean. Understanding net zero “Like any new metric,” says Autif Sayyed, South Asia Lead for Green Buildings, Climate Business Department, International Finance Corporation (IFC)- World Bank Group, “there is a risk of misuse of the zero energy and zero carbon standards. As these standards are new, end consumers are often not aware of what they imply. Unfortunately, there has been some ambiguity on how and what to measure the performance of buildings to classify them as zero energy or zero carbon. The global community is now coming to agreement on these standards. The most common myth is that just by switching to a 100 per cent renewable source of energy, a building can be classified as zero energy. Most global platforms now require that a building should first reduce its need for operational energy through efficient design before resorting to renewables. Another important criterion is third-party validation of the building’s actual performance...To read the full story, CLICK HERE.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement