Tuesday, December 12, 2023

CCC To Real Estate Industry: Embrace Green Practices


CCC To Real Estate Industry: Embrace Green Practices

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The Climate Change Commission (CCC) has underscored the critical impact of climate change on the real estate and housing industry at the Chamber of Real Estate and Builders’ Association Inc.’s (CREBA) 50th National Convention and Housing Expo.

In his address to industry stakeholders on Wednesday, CCC Vice Chairperson and Executive Director Robert E.A. Borje commended the remarkable achievements of CREBA over the past five decades and emphasized the organization’s fundamental role in driving social and economic growth in the Philippines.

Borje, however, highlighted the climate challenges facing the Philippines as typhoons alone have caused significant losses and damage amounting to PHP673.3 billion, affecting the lives, livelihoods and future of millions of Filipinos.

“Adequate housing means having a safe, secure, and affordable place to live with access to basic services. Therefore, measures for climate change adaptation and mitigation must consider this fundamental human right,” he said.

Borje outlined several government initiatives aimed at climate-smart adaptation and mitigation, including the National Adaptation Plan (NAP), the Nationally Determined Contribution (NDC), and Green Jobs.

He also cited the importance of incorporating climate-smart standards in buildings and construction to reduce greenhouse gas emissions.

“We must decarbonize the building and construction sectors, reduce the waste they generate, and build with less. Collaboration throughout the building sector’s lifecycle, involving everyone from architects and designers to contractors and operators, is vital to the success of these efforts,” he added.

Borje called for collaborative efforts between the government and the private sector in addressing climate change.

He urged CREBA members and industry stakeholders to prioritize the development of climate-resilient and green communities to protect people and properties from the impacts of climate change, while also reducing greenhouse gas emissions.

“Every brick we lay, every beam we set, carries the hopes and dreams of our nation. As leading figures in the real estate sector, you possess both the influence and the responsibility to mold a brighter, eco-conscious future. Let us pledge to shape a greener, more sustainable tomorrow for every Filipino,” Borje said.

The National Adaptation Plan serves as a long-term support mechanism to enhance community resilience and reduce vulnerability to climate change impacts, while the Nationally Determined Contribution reflects the Philippines’ commitment to progressive climate change mitigation, fostering low-carbon, sustainable and climate-resilient development.

Through Green Jobs, the CCC and other government agencies incentivize environmentally friendly practices within businesses, contributing to job creation and green investments.

CREBA convened the Golden Jubilee National Convention and Housing Expo to celebrate its 50th founding anniversary. The event aimed to reaffirm CREBA members’ commitment to drive land and housing development as a catalyst for economic and social progress. (PNA)

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