In the face of growing climate change challenges, the sustainability paradigm is rapidly reshaping business strategies worldwide. With hotel operations accounting for about 1% of global carbon emissions and embedded carbon in hotel construction adding another estimated 2%, the shift towards sustainability becomes an essential path for the hospitality sector. Particularly in Asia, the hospitality sector finds itself at a unique crossroads, as Asia is both a hotspot for tourism and a region acutely vulnerable to the effects of global warming. As hotel real estate investments flourish in Asia, there s a significant opportunity for investors, developers, and other stakeholders lead the green transition by tapping into the potential of green financing.
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