The report shows that around $4.5 billion has been invested in green construction technology worldwide in the last 5 years. More than $4.5 billion in early-stage capital has been invested in companies focused on decarbonizing the architecture, engineering and green construction industries in more than 452 deals between 2017 and 2022.
London is one of the top investors in green construction technology designed to decarbonize the building world, followed by San Francisco, Tel Aviv, Los Angeles, Oakland, Vancouver, Las Vegas, Paris, Zurich and Oslo.
Cities have the potential to become carbon sinks if developers and owners adopt bio-based materials and circular economy principles in their building structures, said Gregory Dewerpe, founder of A/O PropTech. “By 2050, 60 gigatons of carbon dioxide could be stored in the global building area, equivalent to four-fifths of the carbon in the Amazon rainforest,” he said. Emphasizing that the built environment is one of the biggest contributors to carbon emissions, Dewerpe added that there is a growing worldwide recognition that this problem needs to be addressed urgently. Dewerpe provided the following information about the results of the report: “All these new technologies can play a role in reducing the overall impact of the built environment.
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