Greening the Built Environment: How Finance Can Make a Difference

let’s talk about how the finance sector can speed up the process of making buildings more eco-friendly. Real estate is a big deal, you know. It’s like the most valuable thing in the world, making up two-thirds of global wealth. And get this, construction stuff makes up more than 13% of the world’s money-making activities and 12% of the jobs. That’s huge! But here’s the thing, all this building and construction uses up a lot of energy – like over one-third of all the energy used globally. And it’s not just the energy, it’s also responsible for almost 40% of the carbon emissions and uses up 40% of all the raw materials in the world. Crazy, right?

Now, here’s where the finance sector comes in. They’ve got a real chance to make a difference in how buildings are made. They can do it directly, by giving out loans and investing in projects, and indirectly, by investing in businesses that are part of the building process. The decisions they make at the start of a building project can have a big impact on how eco-friendly the building will be in the future.

So, what can the finance sector do to make a change? Well, we’ve looked into it, and there are some specific things they can do. We’re talking about actions that asset owners, investors, finance providers, insurance providers, and others in the finance world can take to support big changes. If you’re interested, you should definitely check it out and see what can be done to make buildings more eco-friendly.