As a follow-up to Buildings Day at COP22 in Marrakech in November 2016, the Global Alliance for Buildings and Construction (GABC), of which RICS is a founding member, has now launched its first Global Status Report.
The report describes the current status of the global buildings sector in terms of its energy-demand supply, related greenhouse gas (GHG) emissions and financing and policy developments to date.
Let's remind ourselves of some of the baseline figures:
- More than one-third of global final energy consumption is used in buildings and construction.
- The built environment contributes to nearly one-quarter of greenhouse gas (GHG) emissions worldwide.
- Population growth and higher consumption levels in emerging economies and developing countries could lead to an increase in energy demand in buildings by 50% by 2050.
- Building floor area is set to rise by 50% by 2050, further driving energy consumption.
RICS is actively involved in shaping the 2017 version of the report which is going to be an annual feature for tracking progress towards meeting climate commitments and the buildings sector’s contribution to achieving the below 2oC global warming target.
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