Projected population growth and urbanization worldwide will drive significant development, making the shift toward low-carbon infrastructure more crucial than ever. The global building stock is projected to double its current floorspace, adding another 241 billion square metres during the next four decades. This is the equivalent of adding an entire New York City to the world every month for 40 years.

UN Secretary General Antonio Guterres has estimated that three-quarters of the infrastructure required to support these buildings and their inhabitants by 2050 still does not exist…