Climate Resilient and Energy Efficient Social Housing

An old colonial-style house on the island of Mauritius.Museum on the island of Mauritius.
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Climate Resilient and Energy Efficient Social Housing
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Real Estate
Business Model Description

Build climate resilient and energy efficient social housing units for low-income households, including those deemed eligible by the Housing Division of the Ministry of Housing and Land Use Planning (MHLUP) with respect to household incomes of up to MUR 30,000 (USD 681). Rehabilitate existing social housing estates as part of national smart city efforts, which foresee the integration of ICT infrastructure and clean technology in an urban setting with the aim of cost-effective power supply, waste reduction and effective resource management.

Expected Impact

Provide access to adequate housing that will improve the living conditions particularly of low-income communities, with smart technologies working towards minimizing the environmental footprint of social housing.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11) No Poverty (SDG 1) Industry, Innovation and Infrastructure (SDG 9)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Clean water and sanitation (SDG 6) Reduced Inequalities (SDG 10) Responsible Consumption and Production (SDG 12)
Sector Sources
  • 1) Ministry of Foreign Affairs. 2019. Voluntary National Review Report of Mauritius 2019. 2) Government of Mauritius. 2013. Maurice Ile Durable: Policy, Strategy and Action Plan. 3) Republic of Mauritius. 2021. Budget Speech 2021-2022, Better Together. 4) Republic of Mauritius. 2021. Public Sector investment Programme 2021 - 2022 to 2025 - 2026. 5) Government of Mauritius. June 15, 2020. Construction industry to drive the economic recovery of Mauritius, states National Infrastructure Minister.,-states-National-Infrastructure-Minister.aspx. 6) UNDP-Business Mauritius. 2021. Circular Economy : Optimizing private sector investment in Mauritius. 7) Statistics Mauritius. 2020. Digest of Demographic Statistics Year 2020. 8) UN Habitat. 2013. Mauritius National Urban Profile. 9) National Audit Office. 2021. Performance Audit Report, Provision of Social Housing. 10) UNOPS. 2020. Infrastructure for gender equality and the empowerment of women.
IOA Sources
  • 11) Business Day. 2020. Moka Smart City: Smart property, business, living, education and retirement. 12) All Africa. 2020. Mauritius: Budget 2020-2021 - Equal Access to Decent Housing. 13) Ministry of Housing and Land Use Planning (MHLUP). Housing. 14) Medine. Property. 15) Luxury. 2017. Uniciti: the western coast welcomes the new smart city of Medine. 16) Beau Plan. 2021. Working in Beau Plan: tailor-made offers in a unique setting. 17) ION News. 2019. La Beau Plan Smart City accueillera une résidence senior à Rs 6,8 M l’appartement. 18) Centre for Affordable Housing Finance in Africa. 2021. Housing Finance in Mauritius. 19) Medine. 2021. Medine Integrated Report 2021. 20) L' 2021. Smart Cities: le club des 12. 21) Ministry of Housing and Land Use Planning (MHLUP). 2018. Annual Repport 2017-2018. 22) Defimedia. 2017. Smart Cities: A dream cut down to size. 23) African Development Bank. 2020. Country Strategic Paper (CSP) 2014-2018 and CSP update 2019-2020 Completion Report and 2020 Country Portfolio Performance Review. 24) Statistic Mauritius. 2019. Digest of Environment Statistics Year 2019. 25) Statistic Mauritius. 2020. Poverty Analysis 2017. 26) Statistic Mauritius. UN SDG_Database (2010-2020). 27) UNDP. 2018. Final country report of the LDN Target Setting Programme, Republic of Mauritius. 28) Republic of Mauritius. 2019. Renewable Energy Roadmap 2030. 29) UN Women. SDG 11: Make cities and human settlements inclusive, safe, resilient and sustainable. 30) Foreign Policy. 2021. ‘Smart’ Cities Are Surveilled Cities. 31) TechTarget. Smart City. 32) Economic Development Board (EDB). 2020. Smart City Scheme. Guidelines. 33) Government of Mauritius. National Development Strategy, Executive Summary. 34) Republic of Mauritius. Three Year Strategic Plan 2018/19-2020/21. 35) PAGE. 2016. Marshall Plan Against Poverty Volume 1: Action Plan. 36) President of the Republic of Mauritius. 2004. Planning and Development Act 2004. 37) President of the Republic of Mauritius. Town and Country Planning Act 1954. 38) Bertha Center for Social Innovation and Entrepreneurship. 2015. Investment Theme: Access to Housing. 39) African Business. 2022. Mauritius-India: Joint E-inauguration of Social Housing Units and E-launch of the Civil Service College/8MW Solar Photo Voltaic (PV) Farm projects. 40) Statistic Mauritius. 2018. A Gender Approach. 41) UNOPS. 2020. Infrastructure for Small Island Developing States, The role of infrastructure in enabling sustainable, resilient and inclusive development in SIDS. 42) African Development Bank. 2018. Mauritius. 43) NDTV. 2022. India Extends $527 Million Financial Assistance To Mauritius. 44) All Africa. 2021. Mauritius: Government Will Maintain Its Combat Against Poverty Despite the Challenge Posed By Covid-19, Reassures PM.