Accelerating the Decarbonization of Buildings: The Net-Zero Carbon Cities Building Value Framework - World Economic Forum
The World Economic Forum has recently come out with reports and studies that show that 40% of the world's carbon emissions come directly from buildings, where three-fourths of this massive figure is contributed by the use of fossil fuels for heating, cooling, lighting, and IT servers. Presently, the WEF sees that less than 1% of the world's buildings are netting zero emissions. To combat climate change, the WEF has also released a framework titled 'Accelerating the Decarbonization of Buildings: The Net-Zero Carbon Cities Building Value Framework' that would make it easier for buildings in cities to become net-zero should they follow the policy points it proposes.
The proposed framework consists of two viewpoints of outcomes that share qualities: Asset and City Outcomes. These two viewpoints share mutual interests, including reducing emissions and increasing environmental improvement efforts.
The two groups interests then split off into separate beneficial outcomes where the Asset will have more user satisfaction and systemic value efficiency, while the City gains socio-economic improvement. As long as both of these requirements are maintained, emissions will drop. This infuses both business and policy outcomes into a framework that is mutually beneficial. This style of framework is being implemented by New York State and others through programs such as the Clean Heat Program, designed to install heat pumps that would lower carbon emissions and reduce gas costs, for which Stratco is heavily involved. You can find the link to the report here.
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