Greening Construction : The Role of Carbon Pricing
This report examines how to design effective carbon pricing mechanisms (CPMs) for the construction industry. As the world’s largest consumer of raw materials, it accounts for a significant proportion of final energy demand and is responsible for 25...
| Main Authors: | , |
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| Format: | Report |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/981441558587038152/Greening-Construction-The-Role-of-Carbon-Pricing http://hdl.handle.net/10986/31765 |
| Summary: | This report examines how to design
effective carbon pricing mechanisms (CPMs) for the
construction industry. As the world’s largest consumer of
raw materials, it accounts for a significant proportion of
final energy demand and is responsible for 25 percent to 40
percent of global carbon-related emissions. Demographic
trends underline the need for the construction industry to
do more to address its contribution to climate change. The
world’s population is predicted to reach nearly 10 billion
by 2050, with the majority expected to live in urban areas.
This will increase demand for buildings and infrastructure;
some estimates suggest that 75 percent of the infrastructure
needed by 2050 must still be built. |
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