EconomyLens.com
No Result
View All Result
Saturday, July 5, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

‘More and faster’: UN calls to shrink buildings’ carbon footprint

David Peterson by David Peterson
March 17, 2025
in Other
Reading Time: 7 mins read
A A
3
22
SHARES
277
VIEWS
Share on FacebookShare on Twitter

The buildings sector consumes 32% of the world's energy and contributes 34% of CO2 emissions . ©AFP

Paris (AFP) – Countries must move rapidly to slash CO2 emissions from homes, offices, shops, and other buildings — a sector that accounts for a third of global greenhouse gas pollution, the United Nations said Monday. Carbon dioxide emissions from the building sector rose around five percent in the last decade when they should have fallen 28 percent, according to a new report by the United Nations Environment Programme (UNEP).

Related

Turkey opens Spotify probe after ‘provocative playlist’ complaint

China’s first Legoland opens to tourists in Shanghai

BRICS nations to denounce Trump tariffs

Trump signs ‘big, beautiful’ bill on US Independence Day

France says ‘major issues’ remain despite brandy price accord with China

It said emissions had plateaued since 2023 as climate policies began to have an impact, particularly green building standards, the use of renewable energy, and electrified heating and cooling. But the building sector still consumes 32 percent of the world’s energy and contributes 34 percent of CO2 emissions, the report found. “The buildings where we work, shop, and live account for a third of global emissions and a third of global waste,” said Inger Andersen, Executive Director of UNEP.

“The good news is that government actions are working. But we must do more and do it faster.” She called on nations to include targets to “rapidly cut emissions from buildings and construction” in their climate plans. The report said that while most of the countries that signed up to the 2015 Paris climate deal — nearly 200 have signed — mention the sector, so far only 19 countries have sufficiently detailed goals in their national carbon cutting plans.

The report said that as of 2023, important metrics like energy-related emissions and the adoption of renewable energy “remain well below required progress rates.” That means that countries, businesses, and homeowners now need to dramatically pick up the pace to meet the 2030 emissions reduction targets.

– ‘Critical challenge’ –

Direct and indirect CO2 emissions will now need to fall more than 10 percent per year, more than double the originally envisaged pace. The rollout of renewables is a similar story. The share of renewables like solar and wind in final energy consumption rose by only 4.5 percentage points since 2015, well behind the goal of nearly 18 percentage points. That now needs to accelerate by a factor of seven to meet this decade’s goal of tripling renewable energy use worldwide, UNEP said.

The report urged countries to accelerate the roll-out of renewable technologies and increase the share of renewables in the final energy mix to 46 percent by 2030 — a rise of around 18 percent. It also called on policymakers to increase energy efficiency retrofits to include better design, insulation, and the use of renewables and heat pumps. More work also needs to be done to improve the sustainability of materials like steel and cement, whose manufacture accounts for nearly a fifth of all emissions from the building sector.

But the report did say that circular construction practices were increasing in some areas, with recycled materials accounting for 18 percent of construction inputs in Europe. The authors urged all major greenhouse gas emitters to take action by introducing zero-carbon building energy codes by 2028, and called on other countries to create and tighten their regulations within the next 10 years.

The report highlighted positive national policies from China, France, Germany, Mexico, and South Africa among others. But it said financing remained a “critical challenge.” In 2023, it found that global investment in energy efficiency in buildings fell seven percent from a year earlier to $270 billion, driven by higher borrowing costs and the winding back of government support programmes, notably in Europe. Those investments now need to double — to $522 billion — by 2030, it said.

© 2024 AFP

Tags: climate changeenergy efficiencyrenewable energy
Share9Tweet6Share2Pin2Send
Previous Post

US retail sales weaker than expected as consumer health under scrutiny

Next Post

China stimulus hopes help stock markets rise

David Peterson

David Peterson

Related Posts

Other

France praises China Cognac progress, warns of unresolved issues

July 4, 2025
Other

Modi pushes further India-Africa cooperation on Ghana visit

July 4, 2025
Other

Stocks, dollar drop as tariff talk dominates

July 4, 2025
Other

As US stocks hit records, experts see the dollar falling further

July 5, 2025
Other

UN expert says firms ‘profiting’ from ‘genocide’ of Palestinians

July 4, 2025
Other

Hidden gem: Angola opens up to tourists in a pivot from oil

July 3, 2025
Next Post

China stimulus hopes help stock markets rise

New blow to German auto sector as Audi announces job cuts

Talks on divisive deep-sea mining resume in Jamaica

Starbucks ordered to pay $50m for hot tea spill

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Turkey opens Spotify probe after ‘provocative playlist’ complaint

July 5, 2025

China’s first Legoland opens to tourists in Shanghai

July 5, 2025

Eight OPEC+ alliance members move toward output hike at meeting

July 4, 2025

Bombers and a ‘beautiful bill’ — Trump celebrates US Independence Day

July 5, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.