Shaping the Future of Construction: A Breakthrough in Mindset and Technology
Posted. 10th November 2016
The buildings sector is the biggest user of primary energy in the world – a clear reminder of how much impact construction and engineering can have on the environment. At the same time, worldwide demand in the sector is forecasted to grow by 85% to $15.5 trillion by 2030.
The big question is how the industry can meet this demand in a truly responsible way, supporting the environment as well as people’s well-being. The sector contributes to 6% of global GDP (or $10 trillion) per year, according to a new report by the World Economic Forum
. It also contributes to 25-40% of global carbon emissions and uses up huge quantities of the world’s resources, such as half of all the steel the world produces in a year.
The report, titled Shaping the Future of Construction
, considers the various tools that could be used to improve the way things are built. Whether it’s lean management, circular economics or cross-industry collaboration, all of these tools are important. But it’s circular-economy thinking that can have a truly radical impact on the built environment, as well as people’s health and well-being.
Report published Wednesday 4th May 2016