Commitment to Action

Global Climate Change Real Estate Fund for C40-Cities

Commitment by

Coen von Oostrom, OVG Real Estate

In 2011, OVG Real Estate, the European leader in sustainable real estate development, committed to launch the Global Climate Change Real Estate Fund for the sustainable development of the C-40 cities. OVG Real Estate will use this global fund to deploy $1 billion over the next five years towards improving the environmental performance of cities and their buildings. Operationally, OVG will invest in and develop green buildings both in the form of new constructions and retrofits. The fund will be designed to serve as a model for the large-scale financing of climate positive real estate development. The company plans to achieve their goals in co-operation with the leaders in the C40-cities and by building local partnerships among investors, developers, and technology solution providers.

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Overview
Summary

Commitment

Global Climate Change Real Estate Fund for C40-Cities

Launched

2011

Est. Duration

3 Years

Estimated Total Value

$1,000,000,000

Region

Latin America & Caribbean, Oceania, Europe, Asia

Countries

ARGENTINA, Australia, AUSTRIA, BANGLADESH, BELGIUM, BRAZIL, CHINA, COLOMBIA, EGYPT, ETHIOPIA

Commitment by

Coen von Oostrom, OVG Real Estate