Full Title: 2022 Global Status Report for Buildings and Construction
Author(s): Ian Hamilton, Harry Kennard, Oliver Rapf, Judit Kockat, Sheikh Zuhaib, Zsolt Toth, Margaux Barrett and Caroline Milne
Publisher(s): United National Environment Programme
Publication Date: November 9, 2022
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The 2022 Buildings-GSR finds that despite a substantial increase in investment and success at a global level lowering the energy intensity of buildings, the sector’s total energy consumption and CO2 emissions increased in 2021 above pre-pandemic levels. Buildings energy demand increased by around 4% from 2020 to 135 EJ – the largest increase in the last 10 years. CO2 emissions from buildings operations have reached an all-time high of around 10 GtCO2, around a 5% increase from 2020 and 2% higher than the previous peak in 2019.
The buildings and construction sector is not on track to achieve decarbonization by 2050. And the gap between the actual climate performance of the sector and the decarbonization pathway is widening.
Global energy price volatility and rising interest rates are likely to hamper investment in building decarbonization by governments, households, and businesses.