5 key ways climate change and economic forces are redesigning buildings

illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below:

🗞️ Driving the news: Buildings are undergoing a transformative redesign due to climate change, economic shifts, and federal incentives
• A new report by The Conference Board highlights that decarbonization is now a critical focus as the built environment contributes 37% of global carbon emissions

🔭 The context: The shift is driven by the need for more sustainable, human-centered designs, updating building codes, and reducing space due to remote work trends
• Federal and local regulations are pushing companies towards sustainable practices through both incentives and penalties

🌍 Why it matters for the planet: Redesigning buildings with sustainability in mind is essential to meet global carbon reduction targets, making this a crucial effort in the fight against climate change

⏭️ What's next: Expect increased collaboration between finance, sustainability, and legal teams as companies navigate the complex landscape of building decarbonization and compliance

💬 One quote: “We are really at an inflection point... buildings are the cause of so much carbon emissions,” said Erin McLaughlin, Senior Economist at The Conference Board

📈 One stat: The built environment accounts for 37% of global carbon emissions

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