Paul Paterson’s Post

🌍 Sustainable Finance and the Built Environment: Closing the CAPEX-OPEX Disconnect. I had the pleasure of being invited to co-lead a technical workshop for the Emirates Green Building Council. In the UAE, 27% of CO2 emissions as of 2019 (baseline) came from the building sector, and the built environment could contribute 56% of the UAE’s emission reduction target to achieve #net #zero by 2050. One question struck me during our discussions, thank you Sebastien Miller: Why do developers focus so much on CAPEX, while OPEX often gets overlooked? The disconnect between CAPEX and OPEX leads many to miss the full potential of sustainable building practices. Developers may opt for cheaper, less sustainable materials to reduce CAPEX, without considering the OPEX implications like higher energy consumption, maintenance, or water inefficiencies, which ultimately impacts both tenants and the environment. By investing in green buildings, we can save up to 50% on energy consumption and 30% on water usage through better insulation, energy-efficient systems, and renewable energy integration. But beyond the environmental benefits, there are significant economic and social advantages to sustainable construction, such as: 💡 Key Benefits: - Lower operating costs and utility bills - Increased property value and higher market demand from tenants and buyers - Attractive investment opportunities for global investors and corporate tenants committed to sustainability - Improved air quality and healthier indoor environments through non-toxic materials and better ventilation - Enhanced quality of life through more comfortable living and working spaces, boosting well-being and tenant stability Let's start taking a more holistic approach that considers both CAPEX and OPEX, so we can create more resilient, sustainable, and profitable buildings for the future. Do get in touch with us if you need any support on (i) sustainable finance or (ii) decarbonisation! #Sustainability #GreenBuildings #SustainableFinance #NetZero #UAE #BuiltEnvironment #SustainableConstruction #CAPEX #OPEX #RealEstate #ESG Accuracy Abdullatif Albitawi Lana AbuQulbain Khaled Bushnaq Noémie Lewertowski - Team development is key at our firm, and you are thriving is many aspects! Thank you for letting me share the floor with you!

🌿🏗️ Exciting News in Sustainability! 🏗️🌿 ✨Thrilled to share some groundbreaking achievements in sustainable development straight from the heart of UAE's construction industry! 🌱 Over the past decade, the UAE has witnessed an incredible transformation towards eco-conscious construction practices. With the relentless dedication of industry leaders like Greensturn, we're witnessing tangible results that redefine the landscape of sustainable development. 🔝 Here are some highlights of the sustainability targets achieved: 1️⃣ Energy Efficiency Overhaul: With innovative technologies and design methodologies, developers have successfully slashed energy consumption by up to 30% in newly constructed buildings. This significant reduction not only conserves resources but also contributes to mitigating carbon emissions. 2️⃣ Green Building Certifications: A surge in LEED and Estidama certifications showcases a firm commitment to sustainable building practices. These certifications not only validate the efforts but also elevate the standards for future projects, ensuring a greener tomorrow. 3️⃣ Water Conservation Initiatives: Through advanced water management systems and efficient landscaping practices, developers have achieved remarkable reductions in water consumption, alleviating the strain on local resources and promoting responsible water usage. 4️⃣ Waste Management Innovation: Embracing the principles of circular economy, construction developers have implemented robust waste management strategies, diverting significant amounts of construction waste from landfills through recycling and upcycling initiatives. 5️⃣ Community Engagement and Education: Beyond construction sites, developers are actively engaging with communities to promote environmental awareness and foster a culture of sustainability. From educational programs to community outreach initiatives, these efforts are instrumental in driving widespread adoption of eco-friendly practices. 🌟 As we celebrate these achievements, let's acknowledge the visionary leadership of companies like Greensturn, whose unwavering commitment to sustainability continues to inspire and propel our industry towards a greener, more resilient future. 👏 🎉 Together, we're building a brighter, greener tomorrow! 💚 #Sustainability #GreenConstruction #UAEDevelopment #Innovation

🌍 Progress in Sustainable Building Materials in the UAE 🌱 The UAE construction industry is making significant strides towards sustainability! 🏗️ Here’s a snapshot of recent progress: 🍃20% of new building projects now use 100% sustainable materials, reflecting a strong commitment to eco-friendly practices 🌿 🍃55% of new projects partially incorporate sustainable materials, thanks to supportive regulations and incentives 📈 🍃Only 25% of new constructions still rely solely on conventional materials, a number that’s steadily decreasing 🔄 This shift not only boosts the industry’s eco-credentials but also significantly reduces carbon footprints and promotes environmental stewardship 🌟. Let’s build a greener future together! #Sustainability #GreenBuilding #UAEConstruction #EcoFriendly #GrandsealSolutions This data is sourced from Gulf Business and HiDubai.

The real estate market in the United Arab Emirates (UAE) is moving towards sustainability, prioritizing energy-efficient buildings, efficient design and sustainable construction methods to mitigate negative environmental impacts. It also aims to increase the energy efficiency of the construction industry by 40% %.

Catch me on the first panel of the day, 'From Inception to Delivery: Constructing User-Centric and Distinctive Buildings'!

Proud to become recognized as a member of the Global Alliance for Buildings and Construction (GlobalABC). This partnership strengthens our commitment to sustainable building practices and aligns us with the global mission to achieve near-zero emission and resilient buildings by 2030. Here’s what this means: ✅ 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻: We join 28 countries and 290 members in the Buildings Breakthrough initiative, striving for near-zero emission and resilient buildings. Including Architecture 2030, American Institute of Architects New Jersey Chapter, BIM Africa, Built by Nature, Carbon Leadership Forum, Carbon Neutral Cities Alliance, Climate Positive Europe Alliance (CPEA), Concrete Sustainability Council, Dubai Land Department, Green Building Consulting & Engineering, Holcim, International Renewable Energy Agency (IRENA) and more in this link https://lnkd.in/gs_TFgpg  ✅ 𝗖𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝘃𝗲 𝗔𝗰𝘁𝗶𝗼𝗻: We stand with 158 countries that include buildings in their Nationally Determined Contributions (NDCs) and 118 focusing on energy efficiency. ✅ 𝗚𝗹𝗼𝗯𝗮𝗹 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗚𝗼𝗮𝗹𝘀: We support the UNFCCC’s efforts under the Marrakesh Partnership for Global Climate Action and the Paris Agreement.  ✅ 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: We aim to reduce CO2 emissions, energy consumption, and resource use in the buildings and construction sector. By uniting efforts, we can transform the buildings and construction sector, making it zero-emission, efficient, and resilient. Together, we’re building a greener, healthier future for all. 🌱 🏗️ #Sustainability #GreenBuilding #GlobalAlliance #SustainableMaterials #ClimateAction #GreenFuture #ZeroEmission #NetZero 

Discover how our locally sourced, moisture-resistant fire-rated Palm Strand Boards (PSBs) are reshaping the construction industry's approach to carbon footprint reduction and circular economy practices. Join us on our journey towards sustainability. 🌿✨ Read the full article here: https://lnkd.in/d6HEvink #sustainability #greenbuilding #desertboard #ecofriendlybuilding #woodenboard #madeinuae"

Green building certifications like LEED and WELL underscore the potential for sustainable investments not only to deliver financial returns but also to align with broader social and environmental obligations. They align with Environmental, Social, and Governance (ESG) objectives, helping investors manage real estate performance effectively, and enhancing resilience during market fluctuations. Do they really add value to the business? Yamin Shihab pens down the benefits of gaining green building certifications - https://lnkd.in/eCzjh9ej #ColliersMiddleEast #Dubai #LEED #WELL #ESG #GreenBuildingCertification #sustainability

📅 Hear from our Middle East Sustainability Lead, Lindsey Malcolm, at Big 5 Construct Qatar in the Doha exhibition and convention centre on 13 October. Developers in the modern construction industry are increasingly focused on optimising material specifications, improving efficiency, and integrating design to create resilient, sustainable assets in the built environment. Lindsey will join a panel of industry experts to discuss ‘Sustainable construction: Paving the way for a greener future’. The themes they will cover include: 🏗️ The latest advancements in eco-friendly building materials. 🏢 Strategies for designing energy-efficient buildings. 🌍 The importance of sustainable urban planning and reducing environmental impact. Find out more and register: https://bit.ly/4eDbPFZ #sustainability #QatarEvents #UrbanPlanning

Want to make your next construction project truly sustainable? It starts with the right green certification. 🏗️🌍 Here’s how to make the best choice. 🔹 Learn which green building certification aligns with your goals—whether residential, commercial, or large-scale infrastructure 🔹 Dive into how LEED India, GRIHA, BEE Star Rating, and GEM can transform your project’s energy efficiency and operational costs 🔹 Understand the long-term benefits these certifications bring to both your budget and your reputation Our latest blog breaks down the strategic steps to choosing the right green building certification for your next project. 🔗 https://lnkd.in/dbCWs-Cg #GreenBuilding #GreenCertification #SustainableConstruction #IndiaConstruction #LEEDIndia #GRIHA #BEEStar #GEM #Sustainability #SustainableBuildings #GreenexEnvironmental