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Embodied Carbon in Real Estate: The Hidden Contributor to Climate Change

The window for solving climate change is narrowing; any solution must include embodied carbon. The Sixth Assessment Report published by the IPCC (Intergovernmental Panel on Climate Change) concludes that the world can emit just 500 gigatonnes more of carbon dioxide, starting in January 2020, if we want a 50 percent chance of staying below 1.5 degrees. In 2021 alone, the world emitted about 36.3 gigatonnes of carbon, the highest amount ever recorded. We’re on track to blow through our carbon budget in the next several years. To quote the IPCC directly: “The choices and actions implemented in this decade will have impacts now and for thousands of years (high confidence).”