- Correlate Infrastructure Partners offers a complete suite of proprietary clean energy assessment solutions for the commercial real estate industry, offering facilities access to clean electrification solutions
- The company recently unveiled the Correlate Portfolio Health platform product that seeks to empower real estate owners with energy optimization and procurement capabilities
- The platform is designed to offer recommendations that simplify complex energy analysis, procurement, and funding of deferred maintenance
- CIPI has unveiled the platform at a critical time as experts warn that buildings must have achieved net-zero carbon emissions by 2050 if the goals of the Paris Agreement are to be realized
For the world to meet the goals of the Paris Agreement – which set out to limit global warming to less than 1.5°C – all emissions should have been reduced by 45% by 2030 and reached net zero by 2050 (https://ibn.fm/4RWZ6). This outlook also calls for all buildings to be net zero by 2050. But reports show that buildings have consistently churned out about 33% of all energy-related carbon emissions in the United States and 40% of global emissions. So, an article published on Smart Energy Decisions notes, the world cannot meet consensus climate targets sans the transformation of the building sector (https://ibn.fm/sdXLG).
Recommendations on how to ensure the sector meets the net-zero targets generally include developing more ambitious building codes, undertaking massive retrofitting, and transforming the entire real estate industry. On its part, the Climate Reality Project offers two main solutions: energy-efficient buildings and carbon-negative buildings. To achieve the former, building owners can…
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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