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DESCRIPTION: With buildings responsible for 40% of carbon emissions globally and our 7.1 In 2021, CBRE announced our commitment to achieve net-zerocarbon emissions by 2040—10 years ahead of the goal set by the Paris Agreement. nancing firm for building owners and occupiers. Advancing NetZero.
Taking action to achieve NetZero right now is more important than ever, as we only have a narrow window of opportunity to keep the increase in temperature within 1.5?C. The industry has made a commitment to reach netzero by 2050 at the latest. Now is the time to act and realize a NetZero ambition.
Manufacturing is going electric, too, as companies ratchet up their net-zero-carbon goals. Such projects are on a collision course with the global transition to net-zero emissions by mid-century. China alone is planning more than 20,000 miles of new oil and gas pipelines.
The program involved upgrading HVAC systems to ultra-efficient models and implementing smartbuilding controls. We are proud to have played an important part in helping the State reach its 2050 net-zerocarbon emissions goal.
The fund will invest in private equity opportunities focusing on technological innovations and businesses which are most critical to the global energy transition to netzerocarbon emissions.
Businesses around the world are continuing to focus on sustainability in the race to netzerocarbon emissions, and building construction and operations are critical areas where Australia can make significant contributions. Meanwhile, microgrids that run on renewables can power buildings cleanly with greater resilience.
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