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Decarbonizing Cities and Real Estate
By Jones Lang LaSalle (JLL)
Friday, 3rd June 2022
 

Responding to the climate emergency, city governments across the globe are setting bold commitments to move to a net zero economy.

Buildings account for around 60% of carbon emissions in cities and decarbonizing real estate will be crucial to meeting city net zero targets. The pressure on real estate owners, developers and occupiers will only intensify.

Our latest research will help you navigate the complex global landscape of net zero commitments, regulations, reporting requirements and incentives across 32 global cities.

We want to help inform your real estate decarbonization strategy, looking beyond current regulation to create competitive advantage and future-proof your assets - whether you are a real estate owner, developer, investor or corporate occupier.

Cities have increasingly ambitious net zero targets:

Key takeaways:

Greening of energy grids is essential
Double down on energy efficiency initiatives and explore on- and off-site renewables

Form partnerships
to develop and implement your net zero carbon strategy, finance transition and invest in technology solutions. Share wisdom and best practice with your peers

Policy and regulations are lagging the science
Do not wait for regulations to kick in before taking action. Future-proof your assets

Buildings are critical to the energy transition
Rebalance efforts from new construction to retrofitting – over 80% of buildings that exist today will be standing in 2050

Think beyond carbon
Focus on regeneration, circularity, and resilience

Download the full report here

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