Whole value chain coordination
Intervention Point
The built environment industry needs to coordinate stakeholders across the value chain to form a coalition that is capable of aligning and speeding up action on decarbonisation to ensure a faster green transformation.
Current situation
Under the Paris Agreement, nation states were the main point of focus to coordinate reduction of greenhouse gas emissions. Nationally determined contributions (NDCs) are at the heart of the Paris Agreement, which articulate the efforts individual countries need to make to reach their targets.
However, there have been doubts whether the sum of the realised NDCs is enough to meet the Paris Agreements Goals, and there has been a persistent implementation gap between many countries’ strategies and their respective NDC.
In a globalised world, business does not stop at the border (neither do emissions) and to support nation states’ efforts in driving down emissions, a number of initiatives run by private sector companies and non-profit organisations have been launched in the years following COP21 in 2015.
These focus specifically on coordinating industry verticals, which through their transnational supply chains are well positioned as focal points for decarbonisation efforts.
A whole value chain coalition for the built environment is needed to leverage tools and products, including transition roadmaps, purchasing power agreements, and advocacy. Without coordination, the presence of many competing players is likely to inhibit sustainable change rather than facilitate it. Without the use of coalitions, green transformation within the given timeframe is less likely.
How to get involved
Join the Building To Cop Coalition through the Race To Zero Campaign.
Join the Global Alliance for Building and Construction.
Interested in finding out more? Click here to download the full technical briefing.
Not yet a ULI member? Click here to join.
Last updated: August 2023