There's a general pressure from institutional authoritries to have the existing building stock replaced with zero-emission buildings (net-zero)
The transaction will be in terms of the generalized process of delignitisation that the country has recently adopted.
The new initiative is set to be another part of the current government's strategy to reduce emissions and act as a world leader on green issues.
The SBTi mobilizes companies to set science-based targets and boost their competitive advantage in the transition to a low-carbon economy.
Green Building Principles: The Action Plan for Net-Zero Carbon Buildings offers a set of 10 principles to help companies deliver net zero carbon buildings and meet key climate commitments.
The financing is structured in such a way that allows money to be drawn for each project at its respective Commercial Operation Date
Holcim launched a cement that delivers at least a 30% lower carbon footprint compared to ordinary cement.