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A PARIS-PROOF RETAIL REAL ESTATE SECTOR
2021-02-24
Author: BPIE
Region of Activities: Europe
Type: Report

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.