There’s a clear push in the US towards greening commercial real estate, however this will require a great deal of capital expenditure and cross sector collaboration. In this video Austin Buerosse covers the current state of real estate decarbonization along with recommendations for how financial services institutions can capitalize on the opportunities inherent in the transition.
Though there are challenges on the road to real estate decarbonization, there are many opportunities along with major costs associated with not acting. The biggest opportunity comes from the Inflation Reduction Act or IRA, which offers tax incentives to offset the costs of making buildings more energy efficient.
If you’d like to learn more about how we help our clients successfully navigate climate risk management and net zero strategy, please contact us.
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