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Buildings and infrastructure leave an imprint on the planet that could last for decades; which is why building smartly and sustainably is the key to ensure a better life for us, and for generations to come.
With a vision of ‘Building a Better Life’, Lodha is committed to reducing emissions significantly to ensure we leave a net positive impact on the environment. To achieve this goal, in partnership with RMI, we launched the Lodha Net Zero Urban Accelerator in July 2022. It is a pioneering initiative with an overarching goal to make net-zero the new normal for the built environment, thereby accelerating and maximising the building sector's contribution to India's 2070 net-zero emissions target.
During this decisive decade, we must accelerate the transition towards a low-carbon economy to tackle climate change. The built environment emissions include emissions from building construction and operations, transportation, industries, land use, etc., contributing to ~40% of the global GHG emissions. To address this whole spectrum of emissions, various stakeholders will need to come together and build collaborations of rare reach, range, and expertise — creating unconventional partnerships and mobilising action to drive change at a fast pace and on the massive scale needed to combat the climate crisis.
Being India's largest real estate developer, we uniquely have the capacity to create large city- scale developments where the entire spectrum of the built environment can be integrated sustainably. Palava, our one such flagship development, is India’s first integrated greenfield smart city, and a template for sustainable urbanisation. The accelerator will leverage this unique opportunity, where Palava will serve as a unique living laboratory for the accelerator and a lighthouse example by bringing together industry, experts, policymakers, and occupants to build integrative sustainable solutions at the city scale. It will also be a resource hub and a go-to platform for industry and policymakers charting the decarbonisation journey of India. The engagement will be around technologies, business models, financing, and programs to accelerate net-zero implementation. This model can generate scalable solutions that will propel India’s burgeoning built environment towards zero carbon.
This initiative will enable Lodha to offer a development template to demonstrate — to India and the world — that growth decoupled from emissions is possible.
The Accelerator focuses on enhancing resilience, health, affordability, and access to energy services for all by developing actionable initiatives in five key areas: Embodied Carbon, Passive Design Solutions, Efficient Equipment, Clean Energy, and Clean Mobility.
Achieving sustainable growth and net-zero requires visionary leadership, strategic partnerships, and knowledge exchange. This led to the ideation of 'RMI – Lodha Sustainability Conclave’, an annual convening resonating with the vision of Net Zero Urban Accelerator.
Lodha Net Zero Urban Accelerator suggests super-efficient ACs, usage of greener concrete mixes to curb emissions
Macrotech Developers to invest $500 million over 5-7 years on sustainability initiatives: Abhishek Lodha