INSIGHT by GRESB

Victoria Burrows, Director, Advancing Net Zero, World Green Building Council: “In 2018 alone, almost half of the world’s 281 natural disaster events occurred in the Asia Pacific region including 8 of the 10 deadliest with an increasing number of these events being linked to environmental degradation and climate change.
The built environment sector can provide powerful solutions to the climate crisis. With buildings responsible for 39% of global energy-related carbon emissions and building stock expected to double by 2050, the time to act is now.
To achieve net zero targets by mid-century and sustain predicted growth and urbanisation, we must decarbonise the whole lifecycle of our built assets — buildings and infrastructure. If we act now, great opportunity awaits for Asia Pacific to create economic benefits, competitiveness advantage and minimise the consequences of catastrophic climate change.”
To truly tackle the climate crisis, the report calls for the building and construction sector to embrace a whole lifecycle approach to carbon emissions. This means not only the emissions released during operation (energy to heat, cool and power buildings) but also during the manufacturing, transportation, construction, maintenance, repair and end of life phases known as ‘embodied carbon’.These emissions contribute around 11% of all global energy-related carbon emissions and 28% of building sector emissions.The carbon emissions released before the building or infrastructure begins to be used, sometimes called upfront carbon, will be responsible for half of the entire carbon footprint of new construction between now and 2050, threatening to consume a large part of the world’s remaining carbon budget.Addressing embodied carbon in buildings and infrastructure can help build back better, reinforce the business case for net zero, renew tradition and encourage innovation, provide new forms of incentives and futureproof global competitiveness.Read the report on WorldGBC’s website.