From Concrete to Carbon Neutral: Decarbonizing Asia's Built Environment
As climate concerns escalate worldwide, the need to decarbonize the built environment has taken center stage, especially in Asia. With buildings accounting for nearly 40% of global carbon emissions, there's a significant opportunity for real estate stakeholders in Asia to lead the charge in sustainable transformation. This blog delves into actionable insights from the recent whitepaper, “From Concrete to Carbon Neutral: Decarbonizing Asia’s Built Environment,” highlighting the steps necessary to achieve a sustainable future in this rapidly urbanizing region.
Why Asia?
Asia stands at the forefront of global emissions, contributing approximately 50% of the world's total. This statistic is not surprising when considering Asia's rapid urbanization, industrialization, and global real estate market share. In fact, over the next two decades, Asia is expected to add more than 70 billion square meters of new real estate. This growth trajectory calls for a comprehensive approach to decarbonizing existing infrastructure and integrating sustainable practices in new developments.