EmiratesGBC wants private sector to learn from Majid Al Futtaim’s net zero efforts
Upcoming EmiratesGBC Annual Congress in October to discuss net zero cities under the theme ‘Targeting Zero: A Vision for Future Cities’
Emirates Green Building Council (EmiratesGBC) has once more called upon all businesses, entities, and cities in the UAE and the region to formally endorse and sign the Net Zero Carbon Buildings commitment.
Announced globally by the World Green Building Council (WorldGBC), the Net Zero Carbon Buildings Commitment challenges businesses and organisations across the world to take advanced climate action by setting ambitious targets to eliminate operational carbon emissions from their building portfolios by 2030, and to advocate for all buildings to be Net Zero in operation by 2050.
Saeed Al Abbar, chairman, Emirates Green Building Council, said: “We will not have sufficient time to reach the Paris Agreement targets, which calls on decarbonising the global economy within 20-30 years, if we delay action. We need to achieve tangible results and the Net Zero Carbon Buildings Commitment is a opportunity to ambitiously work toward reducing energy demand and controlling carbon emissions.
“I am proud that Majid Al Futtaim, who are active Board Members of EmiratesGBC, are among the first three organisations globally to sign up the commitment, thus demonstrating the UAE’s global leadership in sustainable development. I encourage the private sector to follow this lead and position their organisations as global leaders in sustainability.”
The commitment opened for recruitment in June, and will be formally launched at the Global Climate Action Summit taking place in San Francisco in September where states and regions, cities, businesses, investors and civil society are committing to taking ambition to the next level.
In order to ensure tangible results, signatories are required to track, verify and report publicly on building performance metrics with a focus on energy use and associated emissions. These leaders will also advocate through their core business activities for all suppliers and partners across their supply chain to follow their own commitment to drastically reduce emissions.
Globally, almost 40% of energy related greenhouse emissions come from buildings, with 28% coming from the operations of buildings.
Energy efficiency will dramatically reduce the world’s energy needs, enabling a much faster transition to renewables which will help cut down fossil fuel energy production sooner. Globally, energy efficiency measures could contribute a 48% reduction of global emissions by 2030, with 43% of those coming from buildings according to the International Energy Agency.
EmiratesGBC has recently established the Net Zero Centre of Excellence think tank and accelerator, to provide an important platform for government, academia and the private sector to learn and share knowledge on how to advance net zero carbon buildings in the UAE. Promoting the Net Zero Carbon Buildings Commitment in the UAE, and the region, delivers on the objectives of the Centre of Excellence to engage as many entities as possible in this global movement.