Construction industry is building it green
Business Standard|September 02, 2024
Urban development and construction is the source of almost 40 per cent of global carbon emissions. Increasingly, technology is coming to the aid of the construction industry under pressure to adopt sustainable practices.
KRANTI NATION
Construction industry is building it green

A recent report by the World Economic Forum (WEF) explained how technology can help. "A robust system for tracking, evaluating and sharing data throughout the building value chain is imperative for collaboration and evaluating progress of decarbonisation efforts. Technologies are rapidly developing to offer more solutions for the buildings of tomorrow," according to the report. These technologies include the use of artificial intelligence (AI) to support building operations and innovative materials. It also involves the use of biogenic materials and three-dimensional (3D) production.

Green technology in construction was a market worth $104 billion in 2023 and it is expected to reach $194 billion by the end of 2030, according to a report by Verified Market.

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