Committed towards environmentally sustainable housing

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.