Establish a global pathway for buildings’ embodied emissions aligned with 1.5☌.Establish a global pathway for buildings’ in-use emissions aligned with 1.5☌. In particular, the SBTi Buildings project aims to achieve three objectives: Our new 1.5☌-aligned methodologies, tools and guidance will build on the previous SDA methodology to enable companies to set targets that align with science-based decarbonization pathways. However, the Paris Agreement and the recent IPCC 6th Assessment Report have highlighted the need to keep global warming within a 1.5☌ temperature rise, if we are to secure a liveable future for all. This led to the development of a 2☌ and a well-below 2☌ pathway. In 2015, the SBTi developed the Sectoral Decarbonization Approach (SDA), a scientifically-informed method for companies to set GHG reduction targets necessary to stay within a 2☌ temperature rise above pre-industrial levels. Applying best practice in the buildings industry įloor area is set to grow approximately 75% over 2020-2050, meaning CO2 emissions will rise dramatically if no decarbonization efforts are made in the sector.įrom May 16 to July 16 2023, the Science Based Targets initiative (SBTi) held a two month-long public consultation for the Buildings Science-Based Target-Setting Guidance and Tool, aiming to inform the development of robust, clear and practical resources that will support building companies in setting 1.5☌-aligned science-based targets.Īcknowledging the comments received, we are moving forward with revision of the guidance and tool, expected to be launched in Q4 2023. Of this, around 3 Gt CO2e are direct emissions a further 9.8 Gt CO2e are indirect emissions from electricity and heat consumption and 3.5 Gt CO2e from materials. Buildings account for 37% of today's global CO2 emissions when both operational emissions and embodied emissions of materials are taken into account.
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