if you didn’t If you’ve seen Adam McKay’s Don’t Look Up, starring Meryl Streep, Leonardo DiCaprio and Jennifer Lawrence, you should. The film talks about an existential, albeit retrospective, threat to our world, and no one cares about it.
Although metaphorical, this political article reflects climate reality for many. For those who care, there is no shortage of confusion about how to deal with this looming threat.
But what if we had the answer in front of us? Let’s assume that up to 40% of global greenhouse gases come from the “created world”. Forty percent is pretty low in terms of what is at stake. At the same time, look up – both to the right and to the left, because the answer can be anywhere.
Front and center will be about 97 billion square feet of commercial real estate. Despite this significant impact and climate impact, lack of awareness and the slow pace of technology adoption in the real estate sector have hampered action until recently.
In addition, climate investments have misconceptions about return on investment and apparently information overload as the industry gets smarter about carbon neutrality. Fortunately, there is evidence of a return on investment in climate technologies for both buyers and investors – evidence that may be the key to ushering the “artificial world” into an era of carbon neutrality.
green translates to green
As they say, to earn money, you need to spend it. And when it comes to reducing the climate impact of real estate, the path begins, according to Jones Lang LaSalle (JLL), with the introduction of technologies that provide green certifications such as LEED and BREEAM.
Among other things, the JLL report states that green certification results in a 6% surcharge for rentals and an 8% surcharge for commercial real estate sales. But acknowledging climate change and realizing the effectiveness of climate technologies is only the beginning. Knowing where to start has its problems.
To increase their return on investment Fishing Free, property owners have implemented a range of cost-effective technologies such as efficient lighting, upgraded cooling and heating systems, and systems to reduce energy consumption. Ultimately, to be LEED certified, buildings must receive a performance rating that combines metrics from several categories, including energy, water, waste, transportation, and quality.
To accommodate, technology has emerged in the value chain of design, manufacturing, and optimizing parts of a building’s life cycle to improve performance for LEED target categories. To take advantage of this opportunity, each investment point has its own characteristics.
design and production
The ideal carbon-neutral world can be built from scratch. Proven technologies like Spinning Reels and Juno Residential are emerging to open up this brave new world of energy efficiency, which depends on how buildings are designed and what materials they are made of.