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Frequently Asked Questions
Buildings account for nearly 40% of global carbon emissions which includes embodied & operational carbon.
The International Energy Agency estimates that retrofitting buildings with energy-efficient operations could reduce global carbon emissions by up to 6.1 gigatons by 2050.
Buildings Breakthrough is the International Code Council’s initiative aiming for the universal adoption of near-zero emissions buildings by 2030 adopted at COP 28.
The sector has the potential to reduce 37% of global carbon emissions while creating $1.5 trillion in sustainable investment opportunities within emerging markets.
Developing countries will need at least $200 billion annually by 2030. The BCG and GRP report indicates that every dollar invested in adaptation can yield a benefit-to-cost ratio between 2:1 and 15:1, potentially even 50:1.
Did you Know
- Building the case for Circular Economy
In infrastructure development – Construction, renovation, and demolition generate over 100 billion tonnes of waste worldwide annually
- Rapid Urbanization Challenge
Concrete use has grown 10-fold in the past 65 years, with less than 1% currently made from recycled materials
- Rethink – Reuse – Re-innovate
Renovation generates 50-75% fewer emissions than new construction, making it a valuable and less wasteful option in a circular economy
- Reuse – Renew – Regenerate
By 2060, aluminium production could be mostly based on scrap, and production could be electrified using renewable energy sources
- Digital Twins – The Way Forward
In a circular economy, “design for disassembly” strategies in new construction can result in a 10-50% decrease in GHG emissions