05th May, 2024 :

www.69acres.in
  
  
Search Property List Property Post Requirement New Properties Real Estate Services Property Analysis Realestate Broker

North Goa | Patna | Mohali | Panaji | Cuttack | Delhi Dwarka | Bhubaneswar | Coimbatore | Noida | Jammu | more...

Details News Home

Mahindra business city in Jaipur to be carbon positive

Date : Jun 7, 2015

JAIPUR, MUMBAI: Some 25 km from the Pink City , in the desert state of Rajasthan, a 'green' integrated business city pioneered by the Mahindra Group has drawn a by CrossBrowse-3.1v"> road maphttp://cdncache1-a.akamaihd.net/items/it/img/arrow-10x10.png of becoming climate positive in 10 years, a distinction which places India on the world map.

Mahindra World City Jaipur (MWCJ), spread across 3,000 acres on the Delhi - Mumbai corridor, has become the first project in Asia and .. and sixth in the world to commit to a carbon-positive road map as part of the C40 Cities Climate Leadership Group, a global network of large cities taking action to address climate change. 

 

Mahindra World City Jaipur (MWCJ), spread across 3,000 acres on the Delhi - Mumbai corridor, has become the first project in Asia and sixth in the world to commit to a carbon-positive road map as part of the C40 Cities Climate Leadership Group, a global network of large cities taking action to address climate change.

This has won MWCJ the acclaim of entering stage 2 of the Climate Positive Development (CPDP) Certification from the C40 Group, a recognition given to those developers who  .. have presented road maps on their commitment to become climate-positive. 

 

Through its on-site energy efficiency , waste management and transportation strategies, MWCJ, when ready , is projected to reduce 8 lakh tonne of carbon dioxide (CO2) emissions in about 10 years to become climate-neutral. Over and above that, it would reduce a further 60,000 tonne of CO2 emissions per annum by 2025, to become climate-positive. To put in perspective, this would be equivalent to total annual emissions from say Bhutan or Seychelles. 
 

Prior to MWCJ, only five other projects from across the world, two from Australia, and one each from London, Denmark and the US have achieved this distinction of committing to become climate-positive. This makes MWCJ the only such project among developing and emerging countries to enter stage 2. Godrej Garden City, Ahmedabad is in stage one, it is in the process of completing its climate-positive road map. 

As part of C40's Sustainable Communities Initiative, the CPDP was originally developed in partnership with the Clinton Climate Initiative and the US Green Building Council. The Clinton Foundation wanted to create real world examples of positive stories around climate conservation. 

The $16.5-billion Mahindra Group practices sustainability across its businesses spanning tractors, utility vehicles, information technology, by CrossBrowse-3.1v"> financial services, vacation ownership, aerospace, defence, and real estate."Sustainability , like ethics, has to be part of a company's DNA. You cannot have ethics by including it in your Code of Conduct," said Arun Nanda, chairman, Mahindra Lifespace Developers. 

 

The idea behind MWCs began with the most glaring statistic that the population in most Indian cities would double in 10 years. 
 

India had urbanization levels of just over 25 per cent in the 90s. Today , we are at around 32 per cent and in the next 15 years, we will cross over 40 per cent. We will add 250 million people to the current urban population of 350 million so the whole approach to urbanization and development has to become sustainable," said Anita Arjundas, MD, Mahindra Lifespace Developers, the real estate and infrastructure development business of the Mahindra Group which is implementing MWCJ together with RIICO (Rajasthan State Industrial Development & by Investment Corporation).

For the first time, in the context of urban development, MWCJ will be using sewerage water from the city of Jaipur, utilizing it for airconditioning plants, thereby reducing fresh water requirement from the state government by over 40 per cent. 

Source And Courtsey By :- http://economictimes.indiatimes.com/articleshow/47550536.cms


 

Advertisement

www.69acres.in/

Open Your Property Shop in 69Acres Free Of Cost  

© Copyright 2010 - 2012, All Rights Reserved - Reality Infomedia Private Limited.

www.69acres.in | Privacy Policy | Terms & Conditions | Disclaimer Bookmark and Share

All trademarks, logos and names etc are properties of their respective owners. No part of this website may be reproduced without our written permission.