news

All progress takes place outside the comfort zone (1).png

RELEASE: Zero Carbon Buildings for All Initiative Launched at UN Climate Action Summit

Type

By:

Publishing date:

11/20/2019

Developing and industrialized countries commit to decarbonize their building sector to achieve massive CO2 reductions

RELEASE: Zero Carbon Buildings for All Initiative Launched at UN Climate Action Summit

Developing and industrialized countries commit to decarbonize their building sector to achieve massive CO2 reductions

NEW YORK (September 23, 2019) — The building stock must be completely decarbonized by 2050 to meet the goals of the Paris Agreement, but fewer than 1% of buildings are today. Closing this gap will require dramatically enhanced ambition and execution of more efficient buildings and renewable energy supply. Zero Carbon Buildings for All, a multi-partner global initiative endorsed by the UN Secretary General, was featured at the 2019 UN Climate Action Summit on 22 September.

According to the 2018 GlobalABC Global Status Report, buildings operations account for 39% of energy- and process related emissions, making them among the largest contributors to climate change. The good news is that improving buildings is also one of the most proven, cost-effective climate mitigation solutions available. Improved buildings often feature the latest in architectural design and enhance the quality of life, health and productivity of people living and working in them.

Zero Carbon Buildings for All will leverage the leadership of government, industry and civil society to both secure commitments to ambitious targets (national policy roadmaps to decarbonize new buildings by 2030 and existing buildings by 2050) and mobilize significant funding (at least $1 trillion in Paris Agreement-compliant buildings investment in developing countries by 2030).

The national governments announcing their commitment to Zero Carbon Buildings for All include an impressive cross-section of developing and industrialized countries: Kenya, Turkey, the United Arab Emirates, and the United Kingdom.

An analysis found that if Zero Carbon Buildings for All were to succeed in just 10 economically and politically diverse countries, avoided emissions by 2030 would be 432 million tons CO2e annually – equivalent to 5% of today's global energy-related emissions.

This joint initiative represents a step change in the ambition of policymakers, advocates and the private sector, and will unite leaders across sectors in a strong international coalition to decarbonize the building sector and meet climate goals.

 “Zero Carbon Buildings for All is an imperative to reach the Paris Agreement objectives and generates social and economic benefits,” said Martina Otto, Head of Secretariat of the Global Alliance for Buildings and Construction. “The expected doubling of the building stock by 2050 outpaces current energy efficiency improvement rates, but also provides an opportunity to redirect our investments to future-proof our buildings. Founded at COP21 as the global platform that gathers governments, private sector, civil society organisations and key buildings initiatives, we work with our over 120 members to go further faster together in the needed transformation to a zero-emission, efficient and resilient buildings and construction sector. With our regional roadmap processes we will help catalyse more commitments and partnerships amongst stakeholders, and with our annual Global Status Report we will keep track of progress.”

These commitments join those galvanized by complementary efforts like the World Green Building Council’s Net Zero Carbon Buildings commitment and the Global Alliance for Building and Construction’s Global Call

download attached files
ZCBs for All Overview.pdf