Standard Chartered, CII IGBC Partner to Finance Green Buildings
Standard Chartered and the Confederation of Indian Industry – Indian Green Building Council (CII IGBC) have signed an MoU to promote financing of green buildings in India.
The partnership aims to accelerate the adoption of energy-efficient building solutions and support India’s goal of reducing its overall carbon footprint. This collaboration marks a significant step toward lowering emissions from the construction sector by encouraging sustainable and eco-friendly buildings.
Ankur Khurana, Co-Head, Client Coverage, India and South Asia, Standard Chartered, said, “We are proud to partner with CII IGBC to promote sustainable finance for development of green certified buildings. This initiative is expected to not only support sustainability but also bring long-term economic advantages through energy savings generated by these green buildings. Sustainable finance is one of the strategic priorities at Standard Chartered Bank and we believe that transition to a low carbon economy presents a significant opportunity to accelerate sustainable growth in the world economy.”
K. S. Venkatagiri, Executive Director, CII Indian Green Building Council (IGBC), said, “This MoU represents a powerful collaboration between two entities committed to creating a sustainable future. 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. Together, we are not only reducing the environmental impact of the construction industry but also accelerating the growth of India’s green building sector.”
