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Curated daily by our industry experts. Stay informed on how climate tech is colliding with the real estate industry with these important headlines

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  • What cities need now

    MIT Technology Review

    Peeling Back The Layers: The promise of smart cities to solve urban challenges remains unfulfilled. Instead of focusing solely on technology, sustainable solutions require an intricate understanding of local contexts, establishing data governance frameworks, and prioritizing public participation to address community needs over industry motives. The prevailing approach needs to be revised, for instance, the tech sector has historically focused on developing products and services, rather than upg…

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  • Deepki Acquires Nooco

    Finsmes

    Analyzing the Nitty-Gritty: Deepki – an ESG platform for real estate, has acquired Nooco, a SaaS platform that measures and optimizes the carbon footprint of building construction and renovation projects. The acquisition is purported to enhance Deepki’s ability to analyze the complete life-cycle of assets, while strengthening Nooco’s position in European markets.

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  • Carbon Accountability is Here: Carbon Title Reveals Footprints of 100M+ Buildings

    PR Newswire

    Why It Matters: Carbon Title has launched ‘Carbon Title Explorer’, a free tool that provides visibility into the carbon footprint of over 100M buildings in the U.S. The tool aims to empower building owners and the public to make informed decisions and take action to reduce emissions, driving decarbonization in the built environment. Carbon Title’s database includes estimates of carbon footprints and allows users to claim buildings and add data for more accurate computations. By providing transp…

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  • NREL energy audit tool may help cities meet climate, building decarbonization goals

    Industry Dive

    The Significance: The National Renewable Energy Lab (NREL) has developed BuildingSync, a data collection and management tool to assist municipalities and building owners in planning energy efficiency and decarbonization investments. The tool streamlines energy audits and facilitates the exchange of energy-related information, helping cities meet compliance requirements and analyze building performance. New York City is the first municipality to integrate BuildingSync with Buildee software, with…

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  • City of London considers adopting ‘retrofit first’ policy

    Architects Journal

    Delving Deeper: The City of London is considering a “retrofit first” policy for its 2040 City Plan, emphasizing the importance of retrofitting existing buildings. The plan aims to transition the Square Mile to a zero-carbon city by 2040. The proposed measures will be decided on later in 2023 and undergo public consultation in 2024. The move aligns with increasing demands for sustainability and carbon reduction in the built environment. …

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  • Low-Carbon Concrete Could Bring a ‘Radical Change’ to the Industry

    Bloomberg


    Understanding Why It Matters: CarbonBuilt – a low-carbon concrete startup, has commenced commercial production of its climate-friendly concrete. With the ability to reduce CO2 emissions by 70-100%, it aims to decarbonize concrete production while maintaining cost parity with conventional concrete. CarbonBuilt has secured its first commercial customer and plans to retrofit more production lines moving forward. 

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  • Canary Wharf Group And Brookfield Sign Wind Farm Deal

    Bisnow

    The Significance: The deal comprises a power purchasing agreement to build a 60 MW wind farm, supplying renewable energy to the Canary Wharf estate. The deal will meet at least 70% of Canary Wharf Group’s electricity needs and support its sustainability agenda, while also enabling potential benefits for occupiers to reduce their carbon footprints. The wind farm is part of Brookfield’s renewable projects in the UK and is expected to be operational by 2026.  …

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  • ‘Stranded assets’: investors reckon with obsolete offices

    Financial Times

    Peeling Back the Layers: Investors are grappling with “stranded assets”, as obsolete offices face rising vacancies. Driven largely by hybrid work models, uncertain demand for office space has made offices a source of anxiety in the CRE market. Over 100M Sqft of office space is currently vacant in the UK, and the trend is accelerating. In particular, older, peripheral offices are most vulnerable. Not immune to this shift – the US office market has also been adversely affected. It’s indeed a tall…

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  • Reducing climate-related property risk with AI

    McKinsey & Company

    Unpacking The Details: In this piece, leaders from AI-enabled analytics platform ZestyAI explore how AI can enhance property insurers’ underwriting models to address climate-related risks. Key challenges such as regulatory approval, outdated IT infrastructure, and the talent gap in the insurance industry are also unpacked. The adoption of AI in insurance is still in its relative infancy, but it holds great potential for enhancing risk assessment and mitigating climate-related property risks. …

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  • Scaling Climate Action in the Buildings Sector: The Power of Collaboration

    Science Based Targets

    Don’t Overlook The Fine Print: The Science Based Targets initiative (SBTi) Buildings Project is collaborating with the Carbon Risk Real Estate Monitor initiative (CRREM) and Ramboll to decarbonize the building sector. The partnerships intend on developing decarbonization pathways for both operational and embodied emissions and provide emissions accounting, reporting, and target-setting guidance.

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