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COP29 Launches in Baku, Azerbaijan, to Address Climate Finance and Resilience

ArchDaily

C above pre-industrial levels. As the construction industry is responsible for approximately 37% of global emissions , the conference is of particular interest to architects, urban planners, and researchers in this field.

Finances 242
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New York Governor Kathy Hochul announces $200 million grant program to attract high-tech industries across the state

Archinect

New York Governor Kathy Hochul has announced plans to set aside $200 million for the new Focused Attraction of Shovel-Ready Tracts New York (FAST NY) grant program, which aims to attract and expand key growth industries to New York State. The money has been made available through Hochul’s fiscal year 2023 budget.

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Shaping China's Future: Foster + Partners Designs Mixed-Use Development within Shanghai's 2035 Masterplan

ArchDaily

Designed as a component of the Shanghai Science and Technology Finance cluster in Putuo District, the project is part of the broader Shanghai 2035 Masterplan. The mixed-use scheme integrates with existing public green spaces to promote well-being and revitalizes an industrial area into a vibrant mixed-use neighborhood. Read more »

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Australia is pushing for wood construction with $214 million Timber Building Program

Archinect

The Clean Energy Finance Corporation (CEFC), an organization responsible for investing $10 billion in clean energy projects on behalf of the Australian government, is seeking to substantially cut construction-related emissions with a new $214 million program to encourage the use of mass timber in new building projects.

Finances 246
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NYT: Rising insurance costs impinging on affordable development efforts nationwide

Archinect

Unlike market-rate apartment developers, those building multifamily projects financed by subsidies and tax credits do not have the ability to simply pass on those higher insurance costs to tenants, since they are limited by government guidelines as to how much rent they can collect.

Insurance 276
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Little Wing Lee announced as the first Female Design Council + NICOLEHOLLIS Grant winner

Archinect

Lee is currently serving as the Atelier Ace/ Ace Hotel ’s Design Director and is the founder of her own practice Studio & Projects as well as the industry group Black Folks in Design , which is dedicated to raising awareness of the myriad important contributions of Black designers to the field.

Finances 263
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David Adjaye and HOK are both named as TIME100 honorees

Archinect

The two are the sole representatives of the architectural industry on a pair of lists that includes multiple online retailers, tech company leaders, houses of finance, and engineering concerns.

Finances 264