With commercial real estate responsible for approximately 39% of global carbon emissions (28% attributable to building operations and another 11% from building materials and construction), an onus lies with the industry to take action. The United Nations Secretary-General Antonio Guterres has described climate change as humanity waging a suicidal war on nature. Both China and the US have pledged to achieve net-zero emissions. But what are specific steps for the real estate industry to take?
Making Ecologically Responsible Construction Happen
Andrew Bernheimer, the owner of Bernheimer Architecture and an assistant professor of architecture at Parsons School of Design in New York, sums up a major problem: "If they [developers] don't have the money, they don't have the money. What am I going to do? Am I going to start yelling for something they can never afford?"
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
