Tapping into the enormous potential in green buildings
The report, Green Buildings: A finance and policy blueprint for emerging markets, notes that by 2030 in emerging markets alone, green buildings will offer a $24.7 trillion investment opportunity, which will spur economic growth and accelerate sustainable development. Across Asia and the Pacific, which will house half the world’s urban population by 2030, there are particularly promising areas for investment, with an estimated $17.8 trillion worth of investment opportunities, primarily in residential buildings.
“The floor area of the buildings that dot our skylines is expected to double by 2060,” notes Alzbeta Klein, the director of climate business at the IFC. “The majority of this construction boom will occur in emerging markets, particularly in middle-income countries experiencing high population growth, rapid urbanisation, and income growth. Green construction is one of the largest investment opportunities of the next decade…
To read more, click here to visit. www.esi-africa.com.