Author: Karen Gilchrist, CNBC, 17 September 2021

Key points:

  • Investing in sustainable buildings could offer a real solution to reducing emissions, ESG investment firm Taronga Ventures said.
  • Green solutions can be found across the value chain, from design to construction and operations, Avi Naidu told CNBC.
  • Buildings currently represent 39% of global greenhouse emissions, according to U.N. data.

Investing in sustainable buildings could offer a real solution to reducing emissions in one of the world’s most polluting sectors, said Taronga Ventures, an investment firm focused on sustainable innovation and tech.

Buildings currently represent 39% of global greenhouse emissions, according to U.N. data. Almost one-third (28%) of the global total is the result of running buildings — referred to as operational emissions, while 11% comes from building materials and construction.

“It is a widely unknown fact,” Avi Naidu, co-founder and managing director of Taronga Ventures told CNBC’s “Squawk Box Asia” Friday.

“Many people think that it’s transport, it’s methane, it’s food that is a big driver, but actually it’s the built environment,” said Naidu, whose company invests in innovation within real estate and construction.

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