Geographically, construction emissions are highest in countries such as China and India, where economies are rapidly developing and therefore construction volumes are higher. But regulation around embodied carbon in these markets is nascent. Developed economies such as the Western and Northern European countries and the USA, have smaller construction volumes on a per capita basis and here regulators are starting to act to restrict embodied carbon. Measures like the Emissions Trading System (ETS) in Europe and new subsidies introduced through the Inflation Reduction Act in the USA show clear signs of progress.
Decarbonizing Construction Industry for a Greener Future
Geographically, construction emissions are highest in countries such as China and India, where economies are rapidly developing and therefore construction volumes are higher. But regulation around embodied carbon in these markets is nascent. Developed economies such as the Western and Northern European countries and the USA, have smaller construction volumes on a per capita basis and here regulators are starting to act to restrict embodied carbon. Measures like the Emissions Trading System (ETS) in Europe and new subsidies introduced through the Inflation Reduction Act in the USA show clear signs of progress.