Real estate is the world's most valuable asset class, representing two-thirds of global wealth. With construction-related activities making up more than 13% of global GDP and 12% of employment, its size means it contributes to over one-third of final energy use globally, generates nearly 40% of global energy-related carbon emissions and consumes 40% of raw materials globally.
The finance sector has a unique opportunity to shape demand and drive change in the built environment: directly, through loans and investments, and indirectly, through investment in value chain businesses. It plays a crucial role in the very early stages of buildings, and its decisions have a significant impact on the future emissions of buildings.
In this paper, we investigate the actions that finance sector stakeholders can take to support systemic change. Read it to explore specific interventions for asset owners and investors, asset managers, finance providers, insurance providers, investment advisors and data providers.