【Savills】Real Estate and the Carbon Challenge

This year’s Conference of the Parties (COP26) in Glasgow is a milestone event for the world to address the challenge of climate change. As well as setting targets to reduce emissions and protect ecosystems, COP26 is turning to the issue of finance to deliver these climate goals. With developed countries tasked with mobilising at least $100bn in climate finance per year, it is clear that finding ways to finance the transition to net zero will become a primary concern for the global economy in the coming years.

Policy needs to focus not only on public sector action, but also on harnessing private finance in pursuit of carbon reduction. Over £50bn of commercial investment flows into UK real estate every year, but a lack of data, transparency and consistent government policy is preventing sustainable investment reaching the levels required to decarbonise the sector.

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