Decarbonizing construction means cutting down or eliminating carbon emissions from construction processes and materials to promote sustainability and care for the environment. It's urgent because construction is crucial for development and contributes significantly to emissions, making up about 37% of global emissions.
In response to the pressing challenge of climate change, the construction sector must mitigate its environmental footprint by minimizing emissions across the entire lifecycle of buildings. The construction sector faces several obstacles in this effort, including the elevated costs associated with procuring sustainable materials, lack of awareness, the absence of clear emissions standards, and significant financing challenges, etc.
Despite these challenges, the momentum of decarbonization in construction is growing. Embracing innovative solutions, sector collaboration, and a sustainable culture can significantly enable India's construction industry to contribute to a greener future.
This session brings together esteemed government and private industry stakeholders to address the challenge by convening industry leaders to bridge the gap and develop a unified approach to decarbonizing construction.