Across the globe, we have experienced unprecedented climate events in recent years — from heatwaves in Europe, to floods in Asia and the Pacific, rising temperatures in Africa, and wildfires across the Americas. Social and economic challenges also persist, with multiple flow-on effects from the COVID-19 pandemic, international conflicts, famines and financial volatility posing threats to societal cohesion.
Real estate and infrastructure have a critical role to play in our responses to these key challenges — whether it be climate resilient and low-carbon properties, nature-positive precincts, or accessible and inclusive housing. Tenants, residents, investors and regulators are all knocking on the door of real estate and infrastructure actors, demanding green, affordable and equitable solutions. Heightened social inequality and wellness issues, combined with more frequent and severe extreme weather events are aggravating the need for environment, social and governance (ESG)