Standard Chartered and CII Indian Green Building Council sign MoU

The strategic partnership aims to accelerate adoption of sustainable green building practices and green financing solutions in India

Hyderabad: Standard Chartered and Confederation of Indian Industries – Indian Green Building Council (CII IGBC) have signed a MoU to facilitate financing of green buildings. The initiative aims to accelerate the adoption of energy-efficient building solutions, in support of the ambition to reduce India’s overall carbon footprint.

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This partnership marks a significant milestone in the pursuit of India’s environmental and energy goals, as both organisations aim to reduce the carbon footprint of the construction industry by promoting energy-efficient buildings, a press release said.

The MoU was signed by Ankur Khurana, co-head, Client Coverage, India and South Asia, Standard Chartered, and KS Venkatagiri, executive director, CII Indian Green Building Council.

Ankur Khurana said, “This initiative is expected to not only support sustainability but also bring long-term economic advantages through energy savings generated by these green buildings.”

Venkatagiri added, “Through our partnership with Standard Chartered, we aim to offer developers the tools and resources they need to build energy-efficient and environmentally friendly buildings.”