Global CEOs have pledged to reduce real estate emissions by 50% by 2030, and achieve net zero carbon, no later than 2050. The pledge aims to accelerate the transition to net-zero carbon emissions from buildings, which currently account for 40% of global energy consumption and 33% of global greenhouse gas emissions. This initiative brings together leading real estate companies, policymakers, and experts to drive the decarbonization of the built environment and support the goals of WEFs Green Building Principles and Action Plan, upholding the Paris Agreement. The CEOs’ pledge reflects a growing recognition of the urgency of addressing the climate crisis and the crucial role of the real estate sector in achieving global emissions reductions. Read More