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Net Zero Momentum Builds Across Real Estate, Infrastructure Funds

Chris Hall

Around three quarters of real estate fund mangers globally have introduced net zero policies with around half publishing net zero commitments and implementing net zero targets, suggesting a growing alignment of the sector with the goals of the Paris Agreement.

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Sustainability program launched across steel supply chain

Sustainability Matters

Transitioning to net zero is one of the greatest challenges the world has ever faced. The built environment will need to play a major role in transitioning to net zero as buildings are responsible for approximately 30% of global energy consumption, 30% of greenhouse gas emissions and, on average, 50% of emissions in major cities.

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Trane Technologies Calls for Accelerated Climate Action, Increased Transparency at COP28

3BL Media

Trane Technologies was also one of only five North American companies recognized by InfluenceMap as a 2023 Corporate Climate Policy Engagement Leader , after meeting its criteria for positive and active climate policy engagement aligned with science-based pathways for delivering on the goals of the Paris Agreement.

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Academia, Cities, and the Private Sector Gather to Discuss "Systems Transformations for a 1.5 Degree World" alongside Global Climate Summit COP25

Sustainable Development Network

Below is a summary of the discussions and key recommendations for achieving net zero emissions by mid-century. Cristina Gamboa of the WGBC presented the future of buildings, “By 2030, new buildings, infrastructure and renovations will have at least 40% less embodied carbon, with significant upfront carbon reduction.”

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Urgent action on carbon measurement needed, according to academic group

Envirotec Magazine

Unreliable data is responsible for variances of up to 2000% in forecasting carbon usage, prompting an urgent call for common data standards, reporting structures and changes in asset design. The authors say the result is a lack of understanding, obscuring the true impact of infrastructure projects on carbon emissions.