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MIL OSI Translation. Region: Russian Federation –

Source: State University Higher School of Economics – State University “Higher School of Economics” –

Forming a conscious attitude towards the environment among young professionals and companies is one of the main conditions for successful sustainable development of cities. This conclusion was reached by the participants of an educational seminar for students majoring in urban development and architecture, organized at the Higher School of Economics Faculty of Urban and Regional Development and the Institute for Development in the Housing Sphere DOM.RF.

According to the moderator of the discussion, Professor Higher School of Urbanism named after A.A. Vysokovsky FSRR HSE Sergei Sivaev, the issue of sustainable urban development is far from the simplest and most explored. Construction and housing and communal services have a strong negative impact on the climate, so decarbonization of these industries is one of the main tasks of the ESG agenda. And in Russia, much is being done to improve people’s living conditions now and ensure the future well-being of the population.

DOM.RF has developed a green GOST R for apartment buildings (MKD), which, as explained by Artyom Seleznev, head of the Sustainable Development and International Cooperation division of the company, shows developers not only “how to build well now,” but also “how to build well in future.” Now the development institute’s immediate plans include the development of similar standards for individual housing construction and major repairs. Artyom Seleznev clarified that more than 700 thousand apartment buildings are currently included in regional capital repair programs – and this is a significant resource for decarbonization. To ensure zero carbon dioxide emissions by 2050, among other things, at least 20% of the existing housing stock must be modernized using green technologies, explained Irina Gentsler, a visiting lecturer at the Higher School of Economics at the Federal State University of Economics and Research at the Higher School of Economics, director of the Urban Economy department at the Institute of Urban Economics.

DOM.RF launched a cluster program to support project financing, including a green subsidy for meeting program criteria based on GOST R for apartment buildings. Thanks to it, developers constructing green apartment buildings can reduce the rate by 1 or 2%, depending on the energy efficiency class and compliance with other green criteria. This program operates in 39 regions of Russia that are experiencing a shortage of housing supply. At the same time, changes are currently being prepared to allow it to be extended to a larger number of subjects.

Developers can also obtain additional financing for green projects from the capital markets by issuing bonds. The first company in Russia to realize this opportunity was Legenda Group of Companies, and the organizer of the placement was DOM.RF Bank. Interestingly, the issue of 3 billion rubles was also aimed at individuals, which proves the interest of private investors in such instruments, emphasized Galina Smirnova, chief specialist of the Sustainable Development and International Cooperation division of DOM.RF.

At the same time, the multifaceted nature of the issue of sustainable urban development requires more attention from the population. Director Center for Management of Sustainable Development of Companies (ESG Center) of the National Research University Higher School of Economics Anna Veselova believes that today there is a need for widespread integration of this topic into education. To raise awareness among young professionals about the features of design and construction of green buildings, DOM.RF launched a special well, which six streams of students have completed, and the next stream starts in April. As Anastasia Lozovik, head of the Digital Academy DOM.RF, said, the audience mainly included representatives of developers, construction companies and design institutes, as well as students and bank employees. At the same time, the company plans to launch new courses related to the topic of sustainable development, including those aimed at other age groups.

Also, according to Anna Veselova, to popularize the agenda, it is important to talk about the main effects of green construction – the positive impact on people’s health and comfort. In her opinion, in Russian realities it is not possible to convince people to buy apartments in energy-efficient buildings, arguing that they will save on utility bills. To create sustainable demand for green housing, it is important to cover all aspects of the agenda together – E (environmental), S (social) and G (governance).

Developers confirm that consumers today are not inclined to buy apartments in “boxes”. In addition to living space, it is important for him to have infrastructure and a comfortable environment around the house. These criteria are also reflected in the green GOST R, which focuses on social aspects, emphasized Maria Bevzyuk, head of the investor relations and sustainable development department of Etalon Group. And Oleg Shvakov, head of customer service at Apsis Globe LLC, adds that developers must offer a product that best meets consumer expectations. And since real estate is now quickly becoming obsolete, it is extremely important for developers to adhere to the current national standard criteria so that their homes remain in demand.

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Note; This information is raw content directly from the source of the information. This is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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