Episode 297: Real Estate Industry Must Tackle Carbon Reduction Collectively or Face Government Mandate
The real estate industry needs to collaborate and embrace technology as it works to reduce carbon emissions or else face having external mandates forced upon it, says Peter Gajdo\u0161, a partner at venture capital firm Fifth Wall.
Speaking on the Nareit REIT Report, Gajdo\u0161, who co-leads Fifth Wall\u2019s climate technology investment team, noted that although tackling carbon emissions will take decades, the real estate industry should see it not as a threat but as an opportunity to cooperate. \u201cLet\u2019s work together, let\u2019s find solutions because otherwise I believe the sector will be mandated to fix the carbon problem and I\u2019d rather see the sector proactively working on this and finding solutions ourselves rather than a top-down approach from the government,\u201d Gajdo\u0161 said.