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    Home > Chemicals Industry > International Chemical > By 2030, the demand for green building investment in emerging markets will reach $24.7 trillion

    By 2030, the demand for green building investment in emerging markets will reach $24.7 trillion

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    A new report by the International Finance Corporation (IFC), a member of the World Bank Group, reveals the huge potential
    of green buildings in emerging markets.
    The report notes that by 2030, green buildings will provide $24.
    7 trillion in investment opportunities in emerging markets alone, which will spur economic growth and accelerate sustainable development
    .

    Green buildings reduce or eliminate negative environmental and climate impacts
    .
    They can be linked
    to carbon and energy goals, such as net zero emissions, as well as people's health and well-being.
    Investment in green buildings enables market participants to manage potential risks
    stemming from the global transition to a low-carbon economy.

    Globally, more than half of the electricity consumed by the construction industry is used for heating, cooling and lighting, accounting for 28%
    of energy-related greenhouse gas emissions, according to the International Finance Corporation.

    Potential investment in urban green buildings in emerging markets is estimated at $24.
    7 trillion by 2030, largely due to a dramatic increase
    in construction over the next decade and the opportunity to ensure that these buildings are green.

    The report notes that there is growing evidence that green buildings are high-value, low-risk assets
    because they use energy and water more efficiently than standard structures.
    Building green buildings can result in additional cost savings of 0.
    5% to 12%, while green buildings can reduce operating costs by up to 37%, achieve higher sales premiums of up to 31% and faster time to sale, increase occupancy by up to 23%, and increase rental income by up to 8%.

    According to the report, by 2030, 4.
    1 billion people are expected to live in urban areas, more than half of whom are expected to live in South Asia and East Asia and the Pacific, and their housing will require more residential and commercial floor space
    .
    East Asia and the Pacific alone will provide $16 trillion in green building investment opportunities
    .

    In India, the situation is no different, as India alone will need to build another 60 million homes between 2018 and 2022 to make up for the existing shortfall
    .
    To meet demand, the Indian government has launched the "Housing for All" policy in 2022, which aims to bridge the urban housing gap
    by increasing the participation of the private sector.

    It is important to note that since December 2015, 194 countries have submitted plans highlighting frameworks for governments to reduce emissions through climate solutions, including renewable energy and low-carbon cities
    .

    A new report by the International Finance Corporation (IFC), a member of the World Bank Group, reveals the huge potential
    of green buildings in emerging markets.
    The report notes that by 2030, green buildings will provide $24.
    7 trillion in investment opportunities in emerging markets alone, which will spur economic growth and accelerate sustainable development
    .

    Green buildings

    Green buildings reduce or eliminate negative environmental and climate impacts
    .
    They can be linked
    to carbon and energy goals, such as net zero emissions, as well as people's health and well-being.
    Investment in green buildings enables market participants to manage potential risks
    stemming from the global transition to a low-carbon economy.

    Globally, more than half of the electricity consumed by the construction industry is used for heating, cooling and lighting, accounting for 28%
    of energy-related greenhouse gas emissions, according to the International Finance Corporation.

    Potential investment in urban green buildings in emerging markets is estimated at $24.
    7 trillion by 2030, largely due to a dramatic increase
    in construction over the next decade and the opportunity to ensure that these buildings are green.

    The report notes that there is growing evidence that green buildings are high-value, low-risk assets
    because they use energy and water more efficiently than standard structures.
    Building green buildings can result in additional cost savings of 0.
    5% to 12%, while green buildings can reduce operating costs by up to 37%, achieve higher sales premiums of up to 31% and faster time to sale, increase occupancy by up to 23%, and increase rental income by up to 8%.

    According to the report, by 2030, 4.
    1 billion people are expected to live in urban areas, more than half of whom are expected to live in South Asia and East Asia and the Pacific, and their housing will require more residential and commercial floor space
    .
    East Asia and the Pacific alone will provide $16 trillion in green building investment opportunities
    .

    In India, the situation is no different, as India alone will need to build another 60 million homes between 2018 and 2022 to make up for the existing shortfall
    .
    To meet demand, the Indian government has launched the "Housing for All" policy in 2022, which aims to bridge the urban housing gap
    by increasing the participation of the private sector.

    It is important to note that since December 2015, 194 countries have submitted plans highlighting frameworks for governments to reduce emissions through climate solutions, including renewable energy and low-carbon cities
    .

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