Aavas Foundation has partnered with International Financial Corporation (IFC) – a member of the World Bank Group – to develop a model for ‘Green Housing’ in the Indian housing finance market. This would be first of its kind in South Asia and its aim would be to reduce net-carbon emissions in housing construction as well as to work towards sustainable use of water and electricity.
According to World Green Building Council, a building qualifies as a ‘Green Building’ if it uses water and electricity efficiently, non-toxic material in the building process, is adaptable to changing environment, etc. The design, construction and operations of a ‘Green Building’ reduces or eliminates negative impacts and creates positive impact on environment.
Project DurationOctober 2022 – Ongoing
Project Details
A study on Green Affordable Housing in India. The study is likely to spur innovation in housing and address urgent environmental challenges pertaining to housing, by pushing for construction of green homes i.e., homes which are built in a way that tends to save.
Impact
More than 15500 lives touched directly and indirectly.