What we did
Buildings construction, operation and maintenance is a high emitting sector. In 2022, it accounted for around 37% of energy and process-related CO2 emissions and over 34% of energy demand globally. Considering that half of the buildings standing in 2050 have not yet been built, the sector requires urgent action, and has huge potential for decarbonization and enhancing resilience.With 55% of the global population living in urban areas, expected to rise to 68 % by 2050, subnational actors, in particular local and regional governments, are at the forefront of climate response efforts in their territories. Nearly 70% of climate-significant public investment is undertaken by subnational governments, according to OECD (2022). Yet, considering the vast demand for additional investment, a more coherent approach is needed to identify private and public sector finance, and improve national policy frameworks to support local investment opportunities
Read more
Read less
What we achieved
The Subnationals Action Group of the GlobalABC was established in June 2024 to address these issues. Its main focus is to accelerate local solutions for a just and inclusive transition towards a decarbonized and resilient buildings and construction sector, by facilitating multilevel stakeholder dialogues around the globe, enabling sustainable socio-economic development and mobilizing access to finance. As one of the co-leads of the SAG, ICLEI developped the first GlobalABC report on subnational climate action for buildings and construction. The report highlights climate actions and solutions that cities and regions are implementing in the buildings and construction sector. Through these examples, it underlines the importance of strengthening multilevel governance and of engaging with all actors of the value chain (banks, investors, companies, developers...) to accelerate climate action in the building and construction sector. The report aims to demonstrate how subnational actions in the Buildings and Construction sector can significantly support countries in achieving their NDC goals.
Read more
Read less
