What COP 27 means for real estate and NetZero

As the world leaders meet in Egypt for COP 27, the 27th meeting of the parties to the United Nations Framework Convention on Climate Change (UNFCCC) treaty, it is important to remember that climate change is still a pressing issue. The Earth is going through a lot of changes, and it is happening faster than we thought it would. The ice caps are melting, sea levels are rising, and we are seeing more extreme weather events. We need to find ways to reduce our greenhouse gas emissions, and this is something that world leaders need to discuss at this meeting. They need to find ways to finance the transition to a low-carbon economy and they need to come up with a plan to implement these changes. This meeting is important, and we need to make sure that world leaders act on climate change.

Global leaders are meeting today to discuss the terms of the collective effort to mitigate, finance, and adapt to climate change. The goal of this meeting is to limit global temperature rises “well below 1.5 degrees C” as stated by the 2015 Paris Climate Agreement. This meeting is important because it will determine the level of commitment from various countries to address climate change. It is hoped that this meeting will result in a stronger commitment from all countries to mitigating and adapting to climate change.

Representatives from all over the world will gather to discuss the progress that has been made in tackling climate change. Each delegation will highlight their own achievements and commitments, as well as outlining the challenges that still need to be addressed. This international meeting provides an important platform for countries to share best practices and learn from each other to accelerate progress towards a sustainable future. With the stakes higher than ever, it is essential that all stakeholders work together to find solutions that will ensure a liveable planet for future generations.

The term "net zero emissions" is often used in the context of climate change and refers to a state where the amount of greenhouse gases emitted into the atmosphere is balanced by the amount removed. In other words, net zero emissions means that we are no longer contributing to the problem of climate change.

There are many ways to achieve net zero emissions, but one area where we can really make a difference is in the real estate sector. Buildings account for almost 40% of all energy-related carbon dioxide emissions, so if we can reduce emissions from buildings, we can have a significant impact on achieving net zero emissions. Here are some tips for reducing emissions from real estate:

1. Use energy-efficient building materials:

Insulation, double-glazed windows, and LED lighting are just some of the materials that can help to reduce emissions from buildings. By using these materials, we can reduce the energy consumption of buildings, which will lead to lower carbon dioxide emissions. These information can be stored in material passports EPD and life cycle analysis can be performed using BIM Models.

2. Use renewable energy sources:

Solar panels, wind turbines, and geothermal systems are all renewable energy sources that can be used to power buildings. By using renewable energy sources, we can greatly reduce the carbon dioxide emissions of buildings, at Desapex we help our clients to scan their existing properties or land to make the decision /plan their renewable energy project, existing condition documentation /survey gives an in-depth understanding of the potential of the particular site.

3. Increase efficiency:

There are many ways to make buildings more efficient, such as making sure that HVAC systems are properly maintained and installing automatic lighting controls. By increasing the efficiency of buildings, we can reduce the amount of energy they consume and, as a result, their carbon dioxide emissions. Also by having digital maintenance management modules integrated to your HVAC assets periodic maintenance can be performed and all the asset data can be digitally stored in asset database.

Conclusion:

Real estate plays a vital role in achieving net zero emissions because buildings account for such a large percentage of energy-related carbon dioxide emissions. By using energy-efficient building materials, renewable energy sources, and increasing digital adoption, we can greatly reduce emissions from buildings and take an important step towards achieving net zero emissions. At Desapex we do provide the digital framework required to achieve net zero emissions, get in touch with us to know how we have helped our client in both brownfield and greenfield projects.

Author: Varunkumar Sagarkar
Reach us: sales@desapex.com
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