Opinion

Climate change: Driving the way forward for CIOB

CIOB professionals must be credible leaders of climate mitigation and adaptation projects, argues David Stockdale.

It starts and finishes with money. Building and construction projects have a lifecycle that starts with money – without money there are no projects. Understand that and you have CIOB’s future in perspective.

Mark Carney, the United Nations special envoy for climate action and finance, says that the objective for the financial sector is simple: every professional financial decision must take climate change into account. This requires not only financial institutions but also individuals to align their professional activities and behaviour with this goal.

So, what does this mean for the global CIOB membership? Well, it means that CIOB professionals must be credible leaders of climate mitigation and adaptation projects, within the scope of the global building and construction sector, which will be required to deliver an efficient transition to a decarbonised economy. This will involve advice, analysis, actions and decision-making on transition works that are estimated to cost $6tn per year.

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