Lodha sets up Net Zero Urban Accelerator in tie up with RMI with Palava as the ‘live laboratory’

By Lodha

At Lodha, we are committed to becoming a net-zero carbon company by 2035. In line with the goal, Lodha has announced the launch of the ‘Lodha Net Zero Urban Accelerator’ programme in July ’22 with technical support from RMI and an investment worth $500Mn. RMI is an institution of global repute known for transforming global energy systems to secure a clean, prosperous and zero-carbon future for all.

The larger purpose of the accelerator is that India’s journey to becoming a net-zero carbon country cannot be completed and be successful unless the housing and real estate industries also play a leadership role in this journey.

The Palava City will be a “live laboratory” for quickly experimenting with the modern sustainability ideas and solutions available across the world. Palava is an integrated city where people live and work while availing all kinds of amenities like education, healthcare, retail, sports and logistics infrastructure – hence serves as an ideal set up for urban living. The successful ideas and solutions will be published and shared with all the stakeholders — including real estate developers, research bodies, educational institutes and policymakers — from this year itself.

The launch of this accelerator programme is a major step in this direction to drive collaborative, large-scale solutions for a greener future.

Palava is a city built with sustainability at its core and it gives us great pleasure to be a key component of such a significant Lodha endeavour.