TLT & GERALD EVE SUSTAINABLE PLACES
Creating a more sustainable society is going to require a lot of investment. According to the UK Committee on Climate Change, reaching net zero by 2050 will cost between 1% to 2% of GDP each year.
That’s roughly £50 billion every single year. So, where is that money going to come from?The simplest definition of green finance is any structural financial activity that is created to drive sustainable outcomes. A large number of loans, debt mechanisms and investments have emerged in the last few years to encourage development of green projects.
So is green finance the solution to the problem of sustainability, particularly for commercial property owners and investors? Episode five introduces green finance and how it is driving both retrofit and new developments.