Coen van Oostrom, CEO and founder of OVG, received Wednesday, September 21 a special recognition from President Clinton for being a true incubator for sustainable real estate in the market.
In 2007 OVG committed to invest $1 billion in the development of sustainable buildings to reduce their energy use up to 60 percent. In 2010 OVG completed this commitment a promising two years ahead of schedule. Today Mr. Van Oostrom will announce his second billion-dollar Commitment to Action at the 2011 Clinton Global Initiative (CGI) Annual Meeting.
The new commitment is called the Global Climate Change Real Estate Fund. OVG Real Estate, the European leader in sustainable real estate development, aims to work closely together with the so called C40 cities network, another Clinton initiative. The C40 Cities Climate Leadership Group (C40) is a network of large and engaged cities from around the world committed to implementing meaningful and sustainable climate-related actions locally that will help address climate change globally.
Operationally, OVG Real Estate will invest $1 billion in the next five years in this global fund and a knowledge network and online platform to catalyze sustainable development in the built environment through environmentally sound new building construction and retrofits of existing buildings. The fund will be a model for large-scale financing of climate positive real estate development.
By 2020, 55% of global construction spending will be in developing countries, according to 2010 global construction perspectives. The next decade will see a continuing shift towards Asia and other emerging markets where rising populations, rapid urbanization and strong economic growth are the drivers for construction according to Global Construction Perspectives and Oxford Economics. That is the reason why OVG Real Estate wants to share her advanced expertise on sustainable development with fast developing cities. The upcoming years, OVG will focuses on cities like Paris, London, Berlin, New York to start with.
Subscribe to:
Post Comments
(
Atom
)
Popular Posts Last Week
-
BBC News - UN climate change talks in Cancun agree a deal
-
UNEP Green Economy Report: Restoring, Rebuilding and Greening Fisheries
-
Roof-mounted eddy, one of UGE's innovative vertical axis wind turbines, spinning calmly by the beach.
-
Rainwater tanks are a common feature in homes throughout Australia, but the low water pressure they provide means that watering usually need...
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
The operator of the damaged Fukushima Daiichi plant says water accumulating in the basement of the No. 1 reactor building is contaminated wi...
Popular Posts This Month
-
In New Orleans: Recovering From a Post-Katrina 'Brain Drain' : News : Breaking : Climate Central
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
National Wildlife Federation Naturalist David Mizejewski explores the relationship between sea ice and polar bears. As continued global warm...
-
Elst krijgt de wereldprimeur van een drijvend en met de zon meedraaiend zonnepanelenpark met 10.800 zonnepanelen in de Aamseplas, tegenwoord...
-
Ecological Design: Inventing The Future is an educational documentary film which illuminates the emergence of ecological design in the 20th ...
-
The Vortex Wind Funnel is a revolutionary new wind turbine that uses multiple blades to convert the natural energy in the wind into ...
-
Plastic is a ubiquitous and incredibly useful invention, but it has some serious downsides. But what if plastics were biodegradable? Tune in...
-
via Facebook http://bit.ly/29DsbOn via Wolfram Publications http://bit.ly/29Dv9CD via Wolfram Publications http://bit.ly/29IJjUC via Wolf...
-
Arianna On The Who, What & Why Of Game Changers (VIDEO) The Huffington Post salutes its 2010 Game Changers -- 100 innovators, mavericks,...
Popular Posts All Time
-
National Wildlife Federation Naturalist David Mizejewski explores the relationship between sea ice and polar bears. As continued global warm...
-
New York City's current and former mayors highlight the revitalization of lower Manhattan in the days leading up to the 10th anniversary...
-
Leuk idee om de aandacht op een bedrijf te vestigen. Wire & Twine maakte een op zich mooi overzicht van 50 manieren waarmee ze u willen ...
-
In New Orleans: Recovering From a Post-Katrina 'Brain Drain' : News : Breaking : Climate Central
-
NS en Greenwheels lanceren samen de eerste twee Volkswagen e-Golfs. De elektrische deelauto’s zijn vanaf donderdag 13 september te vinden bi...
-
Hundreds of young people converged on the United Nations in New York today as the General Assembly kicked off a high-level meeting devoted t...
-
At IBM's THINK Forum in NYC, Joshua Cooper Ramo, Managing Director, Kissinger Associates comments on not letting the risks of a networke...
-
Persons with disabilities must enjoy full human rights and fundamental freedoms and enabling them to do so benefits society as a whole, Depu...
-
Bridget van Kralingen, General Manager, IBM North America discusses Making the World Work Better at the IBM THINK Forum
-
Never before has a time in history been so significant to so many cultures, religions, scientists and governments. Beyond 2012 looks past th...
No comments :
Post a Comment