Real estate is the second-largest contributor of carbon emissions globally, and industry wide collaboration will be essential to jointly develop standards and find solutions to tackle climate change.

However, while an important tool to help build the business case for low carbon solutions, a recent ULI C Change Survey indicated that internal carbon pricing is still a ‘minority activity’ in the built environment. A lack of knowledge and consistent data, including financial and educational, were identified as the main barriers to implementation.

In response, seven prominent industry associations, including EPRA, GREEN, INREV, IIGCC, RICS, ULI and WBCSD are working together to develop some carbon pricing principles for the real estate sector that takes a value chain perspective and enables pricing to be incorporated into investment decision making and accelerate its adoption.

A series of carbon pricing workshops were held in May, June and September, with discussions aimed at both experts and those already implementing carbon pricing, and practitioners including developers, owners and managers who have yet to implement an internal carbon price and are keen to learn more and collaborate.

The findings from all of the workshops will be launched at the C Change Summit on 17th October at World Trade Center, Barcelona.

Contact [email protected] if you’re interested in supporting the development of the C Change Carbon Pricing Strategy or would like to find out more.

Watch our practitioners carbon pricing strategy workshop videos to learn more: