The real estate sector holds a significant responsibility for environmental impact, contributing to a substantial 38% of all greenhouse gas emissions. Further, the current global landscape indicates that only a mere 15% of assets worldwide are in alignment with the ambitious 1.5*C target set by the Paris Agreement.

Paul Feinstein, CEO and Founder, Audent Global Asset Management, believes that carbon-neutral properties are the future of real estate.

"As buildings stand as the largest contributor to global warming, the imperative for change is clear," Feinstein tells GlobeSt.com.

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
NOT FOR REPRINT

© 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.