Green Building Investment Key to Slashing Construction Emissions, But Challenges Remain
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Construction generates 40% of global carbon emissions, presenting a major opportunity to cut emissions.
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Emerging markets need $1.5 trillion in investment by 2035 to make buildings more energy efficient.
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Adopting green building solutions could reduce construction emissions 13% below current levels.
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Lack of incentives, financing, and information on efficiency are barriers to adoption in developing countries.
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The IFC has invested billions into efficient construction projects, but fully decarbonizing will be harder.