Approximately half of all extracted resources globally are used for the built environment, with 11% of global GHG emissions being attributed to the embodied carbon found in construction materials. Simultaneously, nearly 40% of urban solid waste comes from construction and demolition. By 2025, it is expected that 2.2 billion tonnes of construction waste will be generated around the world (nearly double the amount of waste in 2018).
Not only is the linear model of ‘take, make, and waste’ harmful to the environment, it presents enormous lost business opportunities. But how do we make the business case for a more circular built environment? What are the drivers, the policy, investment, and market levers that can help get us there? How can these efforts further support global goals for net zero, address ecological degradation and create new economic opportunities and decent jobs?
WBCSD, in collaboration with Ramboll, have answered these questions in The business case for circular buildings: Exploring the economic, environmental and social value report.
Speakers are from: Ramboll, Saint-Gobain, Swiss Re, Stora Enso, Google, Majid-al-Futtaim, RICS, Australia GBC, One Planet Network, DGNB, WorldGBC, Laudes Foundation, and case study presentations from McDonough Partners, Globechain, Studio One Eleven, NREP.
"It was good to share two demonstration projects today. There are so few examples illustrating circular buildings, only a few hundred in the world compared to the millions of structures built annually."
-Vincent Eckert, Head Internal Environmental Management, Swiss Re