How investing in green buildings, including cheaper home loans, is a win for banks, people and our planet

Fri, 26 Jul 2024 04:43:20 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/how-investing-in-green-buildings-including-cheaper-home-loans-is-a-win-for-banks-people-and-our-planet-232476>

"Australia is facing dual crises: increasing climate change risks and soaring
housing costs. Financial institutions have a crucial role to play in funding
and promoting solutions to these challenges.

A recent United Nations Environment Programme report, Banking on Green
Buildings
, proposes ways to promote sustainable buildings in line with both
economic and environmental goals. Suggested options include green bonds and
green mortgages for developing and renovating buildings to be sustainable.

Banks have the power to revolutionise how we fund construction. Directing
investment into green buildings means future houses can be affordable,
sustainable and resilient to climate change.

Our buildings account for around 19% of total energy use and 18% of direct
carbon emissions in Australia."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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