Building Energy Efficiency

Over the last half century global urbanization has increased rapidly, and by 2050 nearly 68% of the world’s population is expected to live in cities. This rapid pace of urbanization has led to the transformation of urban areas through massive investment. Construction activities account for nearly 10% of global GDP, employ 10% of the total workforce and by 2025 will comprise more than 16% of the GDP of emerging markets. Rapid urbanization has also resulted in increasing pressure on resource consumption, and inefficient building construction and usage generate greenhouse gas emissions which negatively impact the health and productivity of residents.