PROPERTY developer Magnolia Quality Development Corporation Ltd (MQDC) is collaborating with the US-based MIT Energy Initiative (MITEI) to slash greenhouse gas emissions from its Thai projects.
It is working MITEI’s Low-Carbon Energy Centre for Electric Power Systems Research, giving the developer access to data and tools to help both the company and the property sector to build more sustainably, according to Dr Singh Intrachooto, chief adviser of MQDC’s Research and Innovation for Sustainability Centre (RISC), said yesterday.
MITEI is a hub for multidisciplinary energy research, education and outreach for Massachusetts Institute of Technology (MIT), ranked among the world’s top universities.
“RISC is delighted to be working with the MIT Energy Initiative, whose objectives we closely share,” Singh said.
“We are confident this collaboration through MITEI’s Low-Carbon Energy Centre for Electric Power Systems Research will bring benefits for the sustainability of property developments in Thailand and enable the country to play a greater role in global efforts to combat climate change.”
RISC plans to work with MITEI to give Thailand’s property sector “sophisticated environmental impact evaluations” that can help make projects greener.
“We look forward to working with MQDC and RISC on research that will help them reduce greenhouse gas emissions in current and future real estate projects,” said Wendy Lihong Duan, manager of the Asia Pacific Energy Partnership Program me at MITEI.
“This is an important sector to decarbonise, and this collaboration will support MQDC’s commitment to advancing low-carbon technologies and strategies.”
MITEI engages with industry and government through its Low-Carbon Energy Centres, comprehensive reports to inform decision makers, and other multi-stakeholder research initiatives.
RISC is billed as Southeast Asia’s leading research base for sustainable buildings with a focus on well-being. RISC operates an international network of researchers and is poised to launch a 1,000 sq m base in Bangkok with eight specialist zones.
The new office is Thailand’s first to be certified with the WELL Building Standard from the International WELL Building Institute (IWBI), reflecting its healthy and sustainable features. The Thai company said RISC is committed to making its resources accessible to spur change within the Asian property sector. The new base will house Thailand’s first “eco-materials library”, with publicly accessible samples and details of 300 materials.