As of now, over 14,511 green building projects in India, covering 12.307 billion square feet, have adopted IGBC ratings
Sebi's mandatory sustainability reporting norm also playing a key role in rising interest in green buildings India, led by tech-hub Bengaluru
Among corporate occupiers, over 85 per cent already lease green office spaces, motivated by energy savings and sustainability targets
India ranked third in the US Green Building Council's (USGBC) annual list of top 10 countries and regions in the world for LEED (Leadership in Energy and Environmental Design) certification in 2023. The United States has not been included in the list. LEED is a green building rating system and the certification is a globally recognised symbol of sustainability achievement and leadership. The rating system is available for virtually all building types, thereby providing a framework for healthy, highly efficient and cost-saving green buildings, USGBC said in a statement. India has retained its third rank, while mainland China, and Canada held the first and second positions, respectively, it said. As per the statement, "248 projects, across both buildings and spaces, were certified for LEED in the country covering 7.23 million Gross Square Metres (GSM). China topped the top 10 rankings for 2023 with over 24 million GSM certified followed by Canada with 7.9 million GSM," it said. Whi
Some of the additional spend would be used to replenish the German military's own arsenal, as it has been shipping weapons to Ukraine
IFC typically provides commercial financing priced at market rates
Companies' disclosures should be verified by a single unit under Sebi to avoid disparity in methods
Green infrastructure brings nature into work for human benefits ranging from economic, social, environmental and health benefits
Investments in data centres expected to surpass $20 billion by 2025, with smaller cities gaining too
31% of total office spaces in six major cities have been certified as green buildings, as real estate developers are focusing more on sustainability aspects in their projects, according to CBRE
Green building is the practice of creating structures and using processes that are environmentally responsible and resource-efficient throughout a building's life-cycle
The Bureau of Energy Efficiency has come up with an IT tool that will aid local municipal staff to ensure new green buildings in small towns live up to their promise
A green home is expensive to build and requires a lot to maintenance is a myth