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The RICS Sustainability Report 2024 presents insights from 4,000 professionals across 32 countries, highlighting global sentiment on sustainable practices in the built environment. This sector is responsible for nearly 40% of global carbon emissions.
The report indicates a growing demand for green buildings, which are being valued at a premium. However, climate resilience remains underprioritized, and progress in carbon measurement and biodiversity assessment is limited.
Key barriers to market entry include high upfront costs, a shortage of skilled professionals, and gaps in training. The report calls for stronger policy leadership, mandatory embodied carbon assessments, adoption of global standards like RICS' Whole Life Carbon Assessment, and investment in education. Cross-sector collaboration will be critical to overcoming obstacles and accelerating decarbonization and climate adaptation.
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