NEWS &
EVENTS

Economic, energy and climate crises are surging across the world. According to UNEP, decarbonisation and climate adaptation must accelerate as the 1.5 degrees trajectory set in the Paris Agreement is moving out of reach. Buildings and construction remain among the most prominent sectors with the largest climate impact. Energy-efficient and climate-resilient buildings are essential to speed up climate action. Also, green buildings at scale can strengthen local economies, create jobs, provide resilient shelter, improve energy security, and lower living costs for households. Besides ambitious national policies, massive investments are necessary to transform the booming construction sector, weighing over USD 6 trillion globally this year.

In 2020, International Development Finance Club (IDFC) reported 16 billion dollars in investments towards energy efficiency in new buildings and industrial facilities. IDFC is committed to scaling up climate finance in line with the Paris Agreement agenda. Member banks across regions are increasingly financing green building and urban resilience projects, providing green bonds and concessional loans for construction projects and set ting financing criteria based on energy performance. Besides financial incentives, banks can also develop innovative public private partnerships such as revolving funds, energy service companies and other performance contracting schemes. COP27 is an opportunity to renew commitments, share knowledge among partners and set new impulses to scale-up financing solutions for green buildings.

The Programme for Energy Efficiency in Buildings (PEEB), jointly implemented by Agence française de développement (AFD) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), will be present at COP27 to highlight the need for international cooperation and climate finance in the buildings and construction sector. New partnerships with the Green Climate Fund and the European Union will allow PEEB to boost climate action through grants and concessional loans in 16 partner countries in some of the world’s fastest growing and most climate-vulnerable regions. For this occasion, PEEB kindly invites you to attend its high-level event followed by a reception on November 9^th starting at 6pm at the Buildings Pavilion. The side-event will welcome Rémy Rioux, Director General of AFD, in discussion with Ingrid-Gabriela Hoven, Member of the Administrative Board of GIZ, and partner country representatives.

The focal point for green buildings and construction at COP27 will be the Buildings Pavilion (lot. N°113) hosted by the Global Alliance for Buildings and construction. The Pavilion will showcase solutions through over 50 events and provide a space for policymakers, financial institutions, and businesses to meet. To connect with the buildings and construction community beyond the IDFC Pavilion, we invite you to look at this selection of side events addressing climate finance for buildings at COP27.

Towards Energy Efficient Buildings in the Mediterranean Region 

Time and location: 7 November, 17:30-18:30, Mediterranean Pavilion, Blue Zone
Organisers: UfM, PEEB, MeetMED II

Experts from national agencies, the European Commission and AFD will showcase their collective action towards energy-efficient and climate resilient buildings in the Southern Mediterranean region and the need for additional financing support. AFD will launch its regional programme PEEB Med in partnership with European Commission.

Unlocking investments for resilient buildings using IFC’s Building Resilience Index

Time and location: 9 November, 09:00-10:00, Buildings Pavilion, Blue Zone
Organisers: IFC-World Bank Group, ARISE Network

IFC is presenting its new web-based Buildings Resilience Index tool designed to assess local hazards, identify risk mitigations measures and improve transparency for investing in resilient buildings. The event will highlight the role of financial institutions in accelerating the transition to both resilient buildings and showcase how Buildings Resilience Index can support them.

Financing a net-zero built environment 

Time and location: 9 November, 15:00-17:45, Buildings Pavilion (Auditorium), Blue Zone
Organisers: BuildingToCOP Coalition (led by IGCC and WBCSD), C40 Network, UNEP-FI, PEEB, IFC

To achieve commitments set at COP26 by the Glasgow Financial Alliance for Net Zero (GFANZ), financial institutions must address decarbonisation across their asset portfolios. This session will highlight the importance of data collection and adequate property valuation, and showcase best practices from actors across the finance sector.

High-level Event – Boosting Green Buildings to Tackle the Energy and Climate Crises

Time and location: 9 November, 18:00-19:30, Buildings Pavilion (Auditorium), Blue Zone
Organisers: PEEB (led by AFD and GIZ)

Promoting green buildings at scale can strengthen local economies, create jobs, provide resilient shelter, improve energy security and lower living costs for households. Germany and France will announce new partnerships with the Green Climate Fund and the European Commission and unveil immediate plans to support countries and scale up action for green buildings through their joint Programme for Energy Efficiency in Buildings (PEEB).

Future proofing the built environment: Unlocking finance for inclusive & resilient housing 

Time and location: 10 November, 15:00-16:30, UNFCCC Side Event, Tutenkhamun, Blue Zone
Organisers: WGBC, Habitat for Humanity

Providing adequate housing is a growing challenge for countries facing the surging impacts of climate change and rapid urbanisation. This session will showcase how building codes, empowered participation, collaboration, and climate finance can boost the delivery of resilient, healthy, equitable and efficient buildings.

Building for a billion: the Resilient Housing Implementation Lab

Time and location: 10 November, 17:00-18:30, Buildings Pavilion, Blue Zone
Organisers: Build Change

Under the Glasgow Breakthrough Agenda, High-level Champions have identified a key Breakthrough: ensuring better design, construction and access to finance to provide 1 billion people with decent, safe, affordable and climate-resilient homes. The event will notably showcase effective policies to channel investments towards resilient housing and discuss how to reframe this global development need as a key investment opportunity.

Net Zero Carbon Buildings in Cities: Getting the policy right 

Time and location: 17 November, 12:00-13:00, Buildings Pavilion, Blue Zone
Organisers: Cities Climate Finance Leadership Alliance (CCFLA), German Federal Ministry for Economic Cooperation and Development

This event will highlight the importance of financing net zero carbon buildings at the city level. It convene high-level experts and city stakeholders to discuss city-level policies and financing modalities that can facilitate public and private investment in low-carbon buildings. CCFLA will showcase its city guide for zero carbon building instruments and reflect on the main barriers to investment and financial and non-financial/policy solutions.