AESG Joins World Green Building Council’s Elite Group of 51 Signatories Committed to Curtailing Climate Change

The building sector contributes an estimated 40% of global CO2 emissions; WorldGBC’s Net Zero Carbon Buildings Commitment aims to reduce carbon footprint of the built environment

In a bid to curtail the global temperature rise to within the 1.5°C to 2.0°C target set by the historic Paris Agreement at COP 21, the World Green Building Council (WorldGBC) has established its ‘Net Zero Carbon Buildings Commitment’. AESG today announced that it has joined the elite group of 51 signatories – which includes 23 cities, 6 states and regions, and 19 businesses and organizations across the globe – that have demonstrated their support for this commitment.

The importance of committing to a net zero economy is highlighted in the latest IPCC report on the impacts of global warming, published October 2018. The impact of a 1.5°C to 2.0°C increase includes the loss of 70-90% of coral reefs, the extinction of a number of terrestrial and marine species, increased extreme weather events, and droughts and flooding that will impact up to 79 million people worldwide.

The building sector is estimated to contribute upwards of 40% of global CO2 emissions which promotes the urgent need for the net zero[1] approach in the sector. As a signatory, AESG has committed to ensuring its offices operate at net zero energy consumption by 2030. Furthermore, through the wider reach of its projects, the company has the potential to positively impact thousands of buildings worldwide, furthering the net zero agenda and contributing towards a more sustainable future.

“We hope that in providing a pathway to net zero on all of our projects, we will be able to help stimulate the transition to decarbonising the global economy in line with the goals of the Paris Climate Change agreement,” said Saeed Al Abbar, Managing Director at AESG. “We are proud of our latest partnership with the WorldGBC and commend them on this initiative. Achieving the goals of this commitment will require close coordination between public and private entities and the Net Zero Carbon Buildings Commitment provides the ideal platform to facilitate this engagement.”

The Net Zero Carbon Buildings Commitment has been developed in partnership with a wide stakeholder group including Green Buildings Councils, The Climate Group and C40. Other prominent signatories of the commitment include the cities of New York, London, Paris, Tokyo and Sydney, as well as the Majid Al Futtaim property development group in the Middle East.

Cristina Gamboa, CEO, World Green Building Council stated, “We are inspired by the leadership action demonstrated by the early signatories to the Commitment. Reaching this significant milestone of over 50 signatories demonstrates that businesses are recognising the value net zero buildings present to their operations; and policymakers are acting on the responsibility to their citizens to provide more efficient and healthier buildings for us to occupy every day. Our Green Building Councils are supporting their members to better understand how these targets can be applied in practice, and respond to the climate emergency facing us.”

[1] The WorldGBC definition of a net zero carbon building is one that is highly energy efficient and fully powered from on-site and/or off-site renewable energy sources

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