Green Building Revolution Could Open $1.8 Trillion Global Market Opportunity by 2030

June 26, 2024--A new report identifies 11 strategies that could abate building emissions by 80% and potentially unlock $1.8 trillion in global market opportunities by 2030.
China, as the world's largest construction market, can play a critical role in driving sustainable change across the global building industry.
The report identifies key barriers facing the global building industry including gaps in regulations and industry standards, data management and advanced tech adoption, biomaterials, financing and labour force upskilling.

A new World Economic Forum report released today outlines a roadmap for transforming the global building sector to combat climate change and protect biodiversity. Amid rapid urbanization worldwide, primarily driven by emerging economies, the report presents a timely case for the decarbonization of the sector, showing how it could generate significant economic gains for early adopters and a positive environmental impact for all.

Towards Green Building Value Chains: China and Beyond published in collaboration with Boston Consulting Group (BCG), identifies 11 strategic transition levers across the entire value chain of buildings. These levers, when combined, could unlock over 80% of the sector’s abatement potential and open a $1.8 trillion market opportunity, as per the new research.

China's Economy Has Not Peaked

January 7, 2025--Chinese policymakers should allow for a more market-driven allocation of land, money, and labor.
Summary
China's GDP is growing. Youth unemployment is down. And the property-market crisis is moderating. But the economy's dynamism is missing.