Energy use in buildings contributes more than 17.5 percent to global greenhouse gas emissions,
and their construction is a key driver behind demand for steel and cement, which together are
responsible for another 10.2 percent of emissions. Hence, decarbonising the real estate sector is
unavoidable in order to reach net zero emission targets by 2050.
The European Union is bringing forward a raft of regulation to bring the sector on track. This
includes the potential addition of buildings’ emissions in the EU Emission Trading System (EU ETS),
and directives for energy performance and sustainable construction materials. As a result, existing
building stock without extensive retrofits, and non-aligned new housing, are at high risk of significant
losses in value.
The latest developments in sustainable finance
The latest developments in ESG-related funds
Taskforce aims to accelerate green banking ahead of COP26
The final Ecolabel criteria will be voted on in March
The latest developments in sustainable finance
When it comes to the ‘green vehicle future’, Chris Walker argues investors are way ahead of politicians
$5trn Net Zero Asset Owners Alliance will work with a select number to design and support products
The latest developments in sustainable finance
From houses to highways, investing in Real Assets – comprising of Listed and Non-listed Real Estate and Listed Infrastructure – is about much more than attractive and predictable cashflows. The building and operation of Real Estate and Infrastructure forms the backbone of the economies, societies and communities in which people will live and work, now and in the future.