Western Sydney Regional Organisation of Councils (WSROC)’s Post

A recent Forbes article takes on the challenges in the commercial real estate market and discusses the potential of PACE: "Amid the CRE market flux, C-PACE financing has emerged as a mechanism for sustainable development. By providing funding for energy efficiency, water conservation and resiliency measures, C-PACE aligns with environmental objectives and supports economic sustainability." Read more here: https://lnkd.in/gW5QDerc

There have been many studies on the #premiums for owners of green buildings, but the effect of green buildings on #lending terms has not been widely studied.   The latest article by Linde Kattenberg, a PhD Candidate in Finance at the School of Business and Economics, Maastricht University, focuses on a recent study conducted in the European commercial real estate market context. The article examines whether 'green' buildings benefit from more favorable financing terms compared to their 'grey' counterparts. In other words, the article addresses whether the 'green discount' for lending conditions is as widely established as the 'green premium' in building valuation. #greenbuildings #lendingterms #realestate #geendiscount #greenpremium #enagement #ESG #GREEN

When a key property's NABERS Indoor Environment rating dropped, it threatened a major Australian real estate company's sustainability goals and financial incentives tied to their sustainability linked loans. How did they turn it around? 👉 Discover the full story here: https://i.cim.io/3XPeuFV #Sustainability #NABERS #RealEstate

One of the more positive trends I've noticed of late is the realization that neighborhood-scale action is critical to solving some of the most pressing climate challenges. Here's an example of why this matters: In the wake of the financial crash, newly elected President Obama passed the Recovery Act in 2009, which included a $5 billion home energy retrofit/weatherization program that was designed to boost the economy while also helping homeowners reduce their energy bills and carbon emissions. Win-win-win, right? My late mother, who lived in a lovely bungalow house built in the 1930s that still had its ORIGINAL FURNACE, benefited from this program. But here's the thing: she was a very proactive and informed person who knew how to take advantage of such things. She was also semi-retired and had the time to be her own advocate. This is not most people's situation. By January 2012, 612,390 homes or apartments had received energy retrofits courtesy of the stimulus bill. This is a good thing but not nearly good enough. Today, only 1% of buildings globally have undergone retrofits, and it's not necessarily due to a lack of money. It's due to putting the burden on individuals versus a community-scale approach. This is why Bankers without Borders (BwB) has developed a "place-based approach" to financing and implementing residential retrofits. Find out how bankers without borders is one of a growing number of organizations that is pioneering place-based action to address climate challenges. Thanks to Christine Zhou and Rupesh Madlani for this Agenda post for the World Economic Forum. https://lnkd.in/eRcWTDBw

With a renewed focus on the UK's net zero targets under a Labour Government, the housing market is still facing significant challenges. One such challenge is the legislation introduced earlier this year for the new build sector, which requires developers to incorporate biodiversity net gain into their project planning. Lenders will need to get to grips with these requirements, as lending against new build homes that must meet this legislative standard will require a new level of due diligence. The biodiversity net gain legislation will increasingly influence lending decisions as new developments are completed and buyers apply for mortgages. Lenders are already dealing with the complexities of assessing and quantifying carbon emissions for assets on their balance sheets. Much of the data available for this assessment comes from energy performance certificate bandings, which can often be inaccurate or outdated. While the renewed push for greener solutions under the Future Homes Standards is generally seen as a positive step in the housing industry, significant challenges remain in measuring deliverability. A key aspect of this is accounting for the real volume of housing and existing stock cannot be overlooked. Although it may seem that lenders are facing an overwhelming workload, there are solutions and data partners available to assist with these elements. Read more The Intermediary Sept issue pg 46 ➡️https://lnkd.in/eXJZVBmU ➡️https://lnkd.in/eWApcVp5 #netzero #lenders #retrofit #climatechange #biodiversity #legislation

Canada’s housing market is in crisis, with the need for affordable housing vastly oustripping the supply. Our latest blog post is all about how investing in “impact real estate” may help: https://bit.ly/498lnr0 Not only has housing become unaffordable, but the housing market also contributes to the climate emergency: Canada’s residential sector contributes 12.6% of the nation’s greenhouse gas emissions Read the article ⬆️ to learn about some of the key real estate holdings in our impact funds. Plus: how investing in climate-conscious, affordable housing allows values-driven investors to participate in returns from real estate projects— while generating transformative, positive social and environmental outcomes. 🌎🏠 #GenusCapital #RealEstateInvesting #ImpactRealEstate

We recently helped a customer complete their first self-build project. The end result speaks for itself. When we were approached by a property developer who required funding to finish a part-built 5-bedroom eco-sustainable home, we jumped at the chance to help. I’d be lying if I said financial gain isn’t part of our thinking, it’s how any business survives, but above all else on this project we were sold on supporting a sustainable home during the current climate and ongoing energy crisis. The initial loan was £309k but throughout the term, the borrower faced an issue with rising costs that put the project in danger. This borrower possessed a contagious determination, so we believed in them and provided additional funds to assist with completing the development. That belief paid off. The home that they have built is beyond stunning and boasts an EPC rating of A, because of the sustainable features including: - Electronic car points - Solar panels - Air source heat pump - Smart radiators - Triple-glazed windows The property in question recently sold for £1.1 million, delivering a healthy profit for our customer. *Need funding for a project you are working on? Get in touch today and we will help you see it through to completion. #PropertyDevelopment #BridgingFinance

Thank you Discover Financial Services for this detailed breakdown of green loans and the benefits of green home improvement projects. It is great to learn how these financing options can help the environment and your wallet.    #DiscoverEmployee #Budget #Finance #Tips #Environment #Sustainability 

Thank you Discover Financial Services for this detailed breakdown of green loans and the benefits of green home improvement projects. It is great to learn how these financing options can help the environment and your wallet.    #DiscoverEmployee #Budget #Finance #Tips #Environment #Sustainability 

Thank you Discover Financial Services for this detailed breakdown of green loans and the benefits of green home improvement projects. It is great to learn how these financing options can help the environment and your wallet.    #DiscoverEmployee #Budget #Finance #Tips #Environment #Sustainability