The Construction Sector Can Pave the Way for a Green Economic Recovery

The Construction Sector Can Pave the Way for a Green Economic Recovery

Published on:

With population growth and rising purchasing power in emerging markets, the global building floor area is expected to double by 2050. While this rapid expansion of infrastructure is a challenge for the construction sector on its path to meet the goals of the Paris Agreement, it also opens a window of opportunity. The construction sector can provide the boost we need to jump-start the economy in the aftermath of COVID-19. If incentives are provided to the construction industry and others, governments need to consider the overall sustainability of the sector and in particular make sure that we build and renovate in a low-carbon and circular way. Otherwise, stimulus will bring the risk of a strong increase in emissions and waste.

World Business Council for Sustainable Development | The Construction Sector Can Pave the Way for a Green Economic Recovery