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How green buildings can be a boon for the environment and the economy

How green buildings can be a boon for the environment and the economy

Most of the buildings that India will need by 2030 are not yet constructed. This presents a win/win situation. It will be a win-win situation for both the environment as well as the economy if India embraces green buildings to meet this demand. It is true that only a few buildings in India are currently classified as green. This opens up many opportunities for Daikin India.

Net zero is the goal of achieving a balance between greenhouse gas emissions and their removal from the atmosphere. Air conditioners are essential to the infrastructure support of society. They make indoor environments more comfortable in hot regions and help prevent heat strokes. Economic development is expected to drive a triple-digit increase in air conditioning demand by 2050.

Daikins social mission is reducing the global warming impact wherever possible and providing comfortable air for people to breathe. Daikins Environmental Vision 2050 addresses challenges related to the reduction of greenhouse gases emissions to net zero. Daikin is committed to reducing the world’s greenhouse gas emissions by developing products and services that help conserve energy.

KJ Jawa is chairman and managing director of Daikin India. He stated that the green construction sector in India lacks both the technical expertise and the financing to finance construction. These remain the biggest barriers to building green and require an entrepreneurial-regulatory approach. India’s growth needs to be green. It is important to mention, too, that India’s GDP will rise by $406billion by 2050, and that more than 43,000,000 jobs will be created as Asias third largest economy leaps towards its net zero target.

Decarbonisation Daikin is dedicated to decarbonisation to drive growth in green industries, green jobs and green entrepreneurs, he stated. It is therefore essential to create a solid, data-driven analytical framework in order to assess the implications of green development. India’s development goal aims to provide sustainable prosperity to its citizens, so that they can live peaceful, fulfilling lives in a healthy and green environment.

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To achieve this goal, the economy must be transformed to make greener choices. In April this year, Daikin, in collaboration with Nikken Sekkei Ltd, emerged as one of the two winners of the Global Cooling Prize (GCP), an international innovation competition aimed at developing super-efficient and environmentally-friendly residential cooling solutions. Daikins has set a goal to create climate-friendly air conditioners in India and elsewhere, which is in line with the local subsidiary’s efforts to reach net-zero CO2 emissions by 2050.

Many companies have taken a pledge to be carbon neutral and corporate sentiment is strong. There is strong support for green commercial and residential construction. Jawa stated that green buildings could be a strong driver of economic development over the next decade through Daikins green options.

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