GSR was released by Fatih Birol, Executive Director of the International Energy Agency, at the International conference “Energy efficiency in buildings: how to accelerate investments”, one the fringe of the One Planet Summit in Paris, on 11th dec 2017, and in presence of Mr Sergio Bergman, minister of Environment, Argentina.
Press release on the 'New Efficient World Scenario
The Global Alliance for Buildings and Construction, in partnership with UN Environment and the International Energy Agency will release The 2018 Global Status Report– Towards a Zero-Emission, Efficient and Resilient Buildings and Construction Sector – a global snapshot on the status of the building and construction sector, released annually to track the progress of this sector so critical to the success of the Paris Agreement and limiting warming to well below 2°C.
The report will be released at COP24, the annual UN Climate Conference, on December 7.
Massive, untapped opportunities to address climate change, increase prosperity and clean up our air are standing right in front of us. Buildings and construction contribute to 39 per cent of the energyrelated emissions causing climate change.
Every week, an area of floor space the size of Paris is constructed, often locking in high emission infrastructure that will be with us for decades to come. Over the next 15 years around $ 95 trillion of investments will be needed in infrastructure - a world-wide revision upwards of building codes and related measures within NDCs can unleash innovation, implementation, exponential improvements and a far more sustainable future.
The Global Status Report 2018; Towards a Zero-Emission, Efficient and Resilient Buildings and Construction Sector shines a light on actions happening in countries and communities everywhere,pinpointing wide-spread, smarter building codes as one key pathway to positive change. It further provides a snapshot of where the buildings and construction sector stands compared to where it needs to go, highlighting exemplary action to tackle this challenge and calling for others to share in these efforts to deliver on ambitions for a sustainable buildings and construction sector.