Twenty-six climate action initiatives announced at COP26 for the built environment
Marking a significant climate upgrade for the built environment, a coalition of business and government groups has announced 26 climate action initiatives at Cities, Regions and Built Environment Day at COP26.
An important driving force
Being responsible for almost 40% of global energy-related carbon emissions and 50% of all extracted materials, the built environment is an important driving force behind global climate change mitigation efforts. The built environment’s demand for natural resources has devastating effects on the climate, and inefficient, unhealthy buildings negatively impact human health and wellbeing. However, as urgent and relevant as the obstacles are, so are the opportunities. And efficient buildings are one of the biggest investment opportunities that can lower emissions by 2030.
Buildings are vital to halving emissions by 2030
Cities, Regions and Built Environment Day at COP26 in Glasgow brought together national, regional and city level leaders, alongside the private sector, to foster a strong collaboration that can accelerate climate action over the next decade. To mark this dedication, 26 visionary climate initiatives for the built environment were announced.
These included
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$1.2 trillion real estate assets under management are now a part of Race to Zero
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1049 cities and local governments have joined Race to Zero
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Since 2015, 136 countries have included buildings in their Nationally Determined Contributions
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12 countries have made building decarbonisation commitments since 2018
About Race to Zero
Race to Zero is the UN-backed global campaign rallying non-state actors – including companies, cities, regions, financial and educational institutions – to take rigorous and immediate action to halve global emissions by 2030 and deliver a healthier, fairer zero carbon world in time. All actors must meet stringent criteria which will bring them to the starting line to credibly race to zero emissions.
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