Download the full report HERE!
According to the 2020 Buildings Global Status Report, the buildings and construction sector accounts for 35% of final energy use and 38% of energy and process-related carbon dioxide (CO2) emissions globally. The new report by the Buildings Performance Institute Europe (BPIE) shows that the retail real estate (RRE) sector will have to play a major part in achieving carbon neutrality by 2050.
The report is a status quo analysis of existing policy and market approach to climate change actions and strategies relevant to the RRE sector, and represents the starting point for developing a common vision and language on how to decarbonise the sector. It aims to identify relevant policy and market developments that can inform tailored recommendations to industry players and policy makers in order to be in line with the Paris Agreement.
The report consists of three main sections:
- A review of existing EU legislation that impacts the decarbonisation of the sector.
- An overview of market initiatives including metrics and targets, definitions of zero-carbon buildings and other tools available to the RRE community that could provide critical pointers towards the appropriate level of ambition in terms of low-carbon performance.
- A discussion of the key issues and challenges related to carbon measurement, setting targets, and developing and implementing mitigation strategies.
The Global Status Report for Buildings and Construction is a reference document of the Global Alliance for Buildings and Construction (GlobalABC). The fifth edition of this annual snapshot of the progress of the buildings and construction sector globally towards the achievement of the goals of the Paris Agreement on Climate Change, particularly on the drivers of CO2 emissions and energy demand globally and the status of policies, finance, technologies, and solutions that support a zero-emission, efficient, and resilient buildings and construction sector. This year’s Buildings-GSR features input from over 110 GlobalABC members and experts from all regions: a true collaborative effort, building a global community. This year’s Buildings-GSR shines a light on the disruptions of COVID-19 and some of the responses in 2020, and includes a snapshot on emerging key issues: materials, nature-based solutions, health, and cooling for resilience. It also introduces a new index to track progress in decarbonisation in the sector – the Buildings Climate Tracker (BCT).
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.