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How COP27 Impacts Real Estate: Pricing Real Estate Climate Risk

Stok

Guest post by Joe Miller , Member of USGBC Delegation to COP27 One topic of urgent and primary focus at COP has been around how and who will finance the changes of climate change. One of the primary levers being discussed to adjust this parity is realistically pricing transition risk into the market.

Risk 52
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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

And yes, there are green bonds in the marketplace, but they finance almost any positive environmental impact, not specifically green building, and with no widely recognized standard many have been criticized as greenwash. Real estate has been and remains the largest sector in the U.S. It is time to dare and endure.”.

Green 293
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Types of Capital for Construction Businesses

Levelset

Working capital measures the difference between a construction company’s current assets and current liabilities. Businesses whose assets (like cash, accounts receivable, inventory, or materials) exceed the value of their liabilities (like wages, debts, vendor payments, or overhead costs) have working capital to use to maintain or grow.

Debt 97
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ESG Disclosure Simplification Act Passes Committee But Will Fail

Green Building Law Update

The Bill if enacted would also create a new permanent Sustainable Finance Advisory Committee that must within 180 days of first meeting submit to the SEC “recommendations about what ESG metrics” the SEC should require be disclosed. But again, there is no realistic scenario under which this becomes law. Capitalism has and will drive progress.

DC 120
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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

Peterson , a construction finance educator and author, “The retention in the retention receivable account is not collectible yet because the contractor has not earned the right to receive it.” Both retention accounts are shown as current assets and current liabilities, respectively. According to Steven J. Fariba Mehdian.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?

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Pennsylvania Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The Program is administered jointly by the Department of Community and Economic Development (DCED) and the Department of Environmental Protection (DEP), under the direction of the Commonwealth Financing Authority (CFA). The total tax credits awarded to a taxpayer may not exceed $500,000 in any fiscal year. Guaranteed loans up to $500,000.