Developer eyes zero carbon emissions by 2030 in new growth plan
Real Estate
By
James Wanzala
| Oct 28, 2021
Warehousing property developer Africa Logistics Properties (ALP) has announced plans to attain net-zero status (in waste, water, carbon and ecology) in the next nine years.
Net-zero buildings are energy-efficient with power supply from renewable sources aimed at reducing carbon emissions.
ALP Development Director Maruza Chikwanha said the savings made on utilities can offset the additional capital outlay required to develop sustainable industrial properties.
He was speaking after hosting a delegation from the Kenya Green Building Society who toured ALP North - an industrial development.
READ MORE
Why KPA is in the spot over plan to outsource port services
Affordable housing: What Kenya can learn from American model
Why surveyors oppose nomination of National Land Commission members
Why Tullow's Turkana oil sale deal is at risk over Sh22b tax claim
Why tougher capital rules are reshaping Kenya's insurance industry
AI platform to fast-track women, youth into Kenya's green jobs
New Sh400 million mall targets Nairobi's Eastlands retail boom
Travellers to complete airport transactions via mobile money
How UAE's Sh130 billion AI initiative could transform African economies
How a grieving Busia couple turned agony into profitable venture
The firm received IFC Excellence in Design for Greater Efficiencies (EDGE) certification for initiatives that cut warehouses resource usage by up to 40 per cent. “We have set plans in motion to be the first signatory in Kenya to sign up to the World Green Building Council’s net-zero building commitment initiative,” said Chikwanha.
"Our target is to get to net-zero within the next nine years." The EDGE standard requires 20 per cent efficiencies in energy, water and materials when compared to a local benchmark.
Kenya Green Building Society Monitoring and Evaluation officer Louis Kariuki called on the State and counties to improve the sustainability of the built environment.
According to the World Green Building Council, buildings are responsible for 38 per cent of global energy-related carbon emissions.
President Uhuru Kenyatta recently reaffirmed Kenya’s commitment to pursuing green development, noting that the country is on track to achieving a 32 per cent reduction in greenhouse gas emissions.