Galvanize Climate Solutions: Investing in the Future of Real Estate with Joe Sumberg

In this episode of Future of Finance, host Georges Dyer speaks with Joe Sumberg, Managing Partner and Head of Real Estate at Galvanize Climate Solutions. They dive into how the real estate sector, responsible for 40% of global carbon emissions, presents major opportunities for profitable decarbonization. Joe shares his journey from Goldman Sachs to launching Galvanize’s real estate group, discusses why retrofitting existing buildings beats new "green" developments, and explains the critical role of incentives, technology, and policy in achieving net zero buildings. They also explore the complex interplay of utilities, local regulations like New York City's Local Law 97, and climate resilience in shaping investment strategies. Joe emphasizes that real estate sustainability must be performance-driven, with profitability and resilience at the core, not greenwashing.

Keywords:

Real Estate Decarbonization, Climate Resilient Investing, Net Zero Buildings, Galvanize Climate Solutions, Sustainable Real Estate, Energy Transition, Climate Policy and Real Estate, Building Retrofits, ESG Investing, Local Law 97