In the next 40 years, 230,000 million more square meters of buildings will be built, as estimated by the 'Global Status Report 2017', of the Global Alliance for Buildings and Construction.
That amounts to building the entire surface of Japan every year..
More than half of the new buildings planned for 2060 will be built in the next 20 years, two-thirds of them in countries that do not have mandatory building energy codes, he warns Fatih Birol, executive director of the International Energy Agency.
This will have consequences. Time is running out to reform the energy performance of buildings and the construction sector and maintain the Paris agreement:
Although the energy intensity of the building sector has improved, it has not been sufficient to offset the increase in energy demand. Ambitious action is needed without delay to avoid blocking long-lasting and inefficient building assets in the coming decades.