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Aggressive and multipronged actions are needed to decarbonise the building sector and move towards a net-zero energy and net-zero carbon future, writes MILI MAJUMDAR. Globally, th...

Aggressive and multipronged actions are needed to decarbonise the building sector and move towards a net-zero energy and net-zero carbon future, writes MILI MAJUMDAR. Globally, the building and construction industries contribute about 38 per cent of all energy-related carbon emissions. According to a United Nation Environment Programme (UNEP) report released in 2020, emissions from building operations hit their highest-ever level in 2019, moving the sector farther away from fulfilling its enormous potential to slow climate change and contribute to the Paris Climate Agreement goals. Aggressive and multipronged actions are needed to decarbonise the building sector and move towards a net-zero energy and net-zero carbon future. Major constraints A net-zero future must be driven by a deep decarbonisation of the electricity sector, cleaner adaptation of onsite energy sources and implementation of more energy-efficiency measures. Currently, India鈥檚 electricity generation is dominated by high-emission coal-fired plants, which power the bulk of the country鈥檚 buildings. Although renewable energy system prices have drastically reduced over the years, there are still barriers to extensive use of renewables on site. One major constraint is available space. Developers would prefer to use roof space for housing service equipment or as occupant outdoor space rather than accommodating solar energy systems, for example. The Government will need to incentivise renewables adoption through smooth grid interface, net metering policies and tariff structures to make quicker progress. Solutions Energy-efficiency measures can reduce energy demand drastically in both commercial and residential buildings. India鈥檚 Bureau of Energy Efficiency (BEE) has done extensive work to introduce efficient appliances and lighting products through its star labelling programmes. Although the scope for energy-efficiency is maximised if implemented at the design stage, there is potential for energy-efficiency retrofits in existing buildings. A holistic retrofit of lighting and HVAC equipment with more efficient options can save energy consumption up to 20-30 per cent in existing buildings. 鈥楧eep鈥� retrofits, such as added insulation or use of high-performance glass instead of low-cost glazing, can work toward this same goal. Onground examples The retrofit of New York's Empire State Building made it one of the world鈥檚 most energy-efficient buildings. Through a combination of eight energy-efficiency projects 鈥� including a retrofit of all 6,514 windows, the reuse of 96 per cent of the original frames and glassware and the installation of 67 elevators that generate electricity instead of heat when braking 鈥� the building has already surpassed its original energy consumption reduction target of 38 per cent with an annual energy savings of $4.4 million. In April 2019, the New York City Council passed legislation, known as Local Law 97, to mandate all existing buildings 25,000 sq. ft. or larger to reduce their greenhouse gas emissions by 40 per cent by 2030 and by 80 per cent by 2050. The Delhi Development Authority is also laying out its green development policy to move towards low carbon development. Building a sustainable system Electricity grid dynamics will also play a vital role in moving towards net-zero goals. Demand flexibility, or the ability to shift energy consumption in time to support grid needs, will become increasingly important as renewables become more common and create wider daily spreads in energy prices. Buildings will face increasing regulatory and economic pressure to respond in real time to changing utility price and delivery structures and grid harmony will be key to a sustainable system. Benefits for all Globally, developed countries that require more heating sources are adapting to the electrification of their resources over typical natural gas options, inspace heating, stovetops, and more. Efforts are being made to incorporate decarbonised energy sources into their grids. The transition to renewables has additional benefits for the end-user. For example, direct fuel combustion for heating and cooking (such as natural gas) produces harmful indoor pollutants that are detrimental to human health. As we continue to recover from the pandemic, we are able to look back at the demonstrated value of prioritising our environment and human health. Both are served by transitioning to a sustainable energy model in our buildings, transportation and cities. To gain the future we hope for, net zero must be our goal. About the author: Mili Majumdar,  is Managing Director of Green Business Certification Institute, India and Senior Vice President, USGBC. An architecture graduate and a building technologies specialist, she has more than two decades of experience in the field of energy and environment with a focus on sustainable development of habitats. She has worked tremendously in the sectors of green buildings, climate resilient housing, city planning and urban transportation.

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Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

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Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

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Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

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