Publication:
Construction Industry Value Chain: How Companies are Using Carbon Pricing to Address Climate Risk and Find New Opportunities

Simple item page
dc.contributor.authorCarbon Pricing Leadership Coalition
dc.contributor.authorInternational Finance Corporation
dc.date.accessioned2018-12-20T20:04:16Z
dc.date.available2018-12-20T20:04:16Z
dc.date.issued2018
dc.description.abstractThe global construction industry is the world’s largest consumer of raw materials, and constructed objects account for between 25 and 40 percent of total carbon emissions in the world. The industry is projected to grow at 4.2 percent annually between 2018 and 2023 in terms of market value, with expansion opportunities in residential, nonresidential, and infrastructure projects. In parallel, the Paris Agreement and its well-below-2 degrees Celsius target for global temperature increase has signaled an imperative toward decarbonization in the public and private sectors, including creating the impetus for a sustainable construction industry. With increasing populations, urbanization, and the fact that almost 75 percent of the infrastructure that will exist in 2050 has yet to be built, the construction industry is expected only to expand, thus providing a significant opportunity to improve its efficiency and transition toward a low-carbon future. This paper provides a framework for considering the construction value chain and explores existing attitudes and initiatives toward carbon pricing along it, with the objective of enabling companies to identify possible synergies and align their approaches to sustainability. Twelve of the Carbon Pricing Leadership Coalition’s (CPLC) partner companies representing sectors across the construction value chain, including aluminum, cement, glass, infrastructure, equipment manufacturing, construction services, and steel were interviewed to understand their motivations and experiences as they attempt to implement carbon pricing and transition toward low-carbon construction. Finally, the CPLC provides a forum for private companies to engage with governments to ensure the development of well-designed carbon pricing policies to help create a level playing field.en
dc.identifierhttp://documents.worldbank.org/curated/en/240371544174022564/Construction-Industry-Value-Chain-How-Companies-are-Using-Carbon-Pricing-to-Address-Climate-Risk-and-Find-New-Opportunities
dc.identifier.doi10.1596/31055
dc.identifier.urihttps://hdl.handle.net/10986/31055
dc.languageEnglish
dc.publisherInternational Finance Corporation, Washington, DC
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectCARBON POLICY
dc.subjectCARBON PRICING
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectCONSTRUCTION INDUSTRY
dc.subjectGLOBAL VALUE CHAINS
dc.subjectCLIMATE RISK
dc.subjectRENEWABLE ENERGY
dc.subjectENERGY EFFICIENCY
dc.subjectEMISSION TRADING SYSTEM
dc.subjectSUPPLY CHAIN
dc.titleConstruction Industry Value Chainen
dc.title.subtitleHow Companies are Using Carbon Pricing to Address Climate Risk and Find New Opportunitiesen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleConstruction Industry Value Chain
okr.date.disclosure2018-12-07
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/240371544174022564/Construction-Industry-Value-Chain-How-Companies-are-Using-Carbon-Pricing-to-Address-Climate-Risk-and-Find-New-Opportunities
okr.guid240371544174022564
okr.identifier.doi10.1596/31055
okr.identifier.externaldocumentum090224b0866ed667_1_0
okr.identifier.internaldocumentum30673907
okr.identifier.report132770
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/240371544174022564/pdf/132770-WP-Construction-Industry-Value-Chain-PUBLIC.pdfen
okr.topicEnergy::Energy Conservation & Efficiency
okr.topicEnergy::Energy Demand
okr.topicEnergy::Renewable Energy
okr.topicEnvironment::Adaptation to Climate Change
okr.topicEnvironment::Carbon Policy and Trading
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicIndustry::Construction Industry
okr.unitClimate Business (CBDDR)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
132770-WP-Construction-Industry-Value-Chain-PUBLIC.pdf
Size:
4.64 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
132770-WP-Construction-Industry-Value-Chain-PUBLIC.txt
Size:
122.96 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Carbon Pricing Leadership Coalition Reports