Decarbonising Built Environment

With over 60% of urban emission discharge stemming from buildings, the urgency to reduce emission in the real estate sector is paramount to combat climate change and align with environmental city goals. The rising energy demand in buildings, particularly in emerging economies, has led to a notable increase in emissions, emphasizing the need for rapid adoption of energy-efficient and renewable technologies to meet the Net Zero Emissions by 2050 target. Stakeholders are motivated to achieve Net Zero for in risk mitigation, financial benefits, and enhanced property values, with green-certified buildings demonstrating higher returns and operational efficiencies. The real estate sector's transformation towards Net Zero is crucial, involving the adoption of renewables, retrofitting, and responsible practices to mitigate climate risks and ensure long-term industry viability.

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