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Building Smarter: Smart Technologies for Design and Construction

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23 Jan, 2025

This post was originally published on Bee Smart

Smart city strategy, now moving into its ‘fourth generation’, is today increasingly focused on collaboratively determining community’s needs before implementing infrastructural and/or technological changes. With community empowerment at the forefront of smart city development, what ‘smartness’ means when it comes to building must be defined with (rather than for) the community in order to produce buildings that genuinely enable a higher quality of life and engender more sustainable lifestyles.

The smart city is also as much centered around stimulating cooperation as sustainability: this means capitalizing on the most innovative ‘smart’ technologies and processes to ensure that new infrastructure is built not only in the most collaborative, but also the most resource-efficient way too.

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Government consulting on sustainable investment labelling

Government consulting on sustainable investment labelling

The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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