1、Building Transition:Financing Market TransformationJOINT CALL TO ACTION2BUILDING TRANSITION:FINANCING MARKET TRANSFORMATIONLetter from the CEOsSince announcing the international alliance of our five green building organizations,we have focused on how the built environment can unlock the sustainable
2、finance needed for the sector to meet our global climate goals.We believe that investors,property owners,developers and governments must have the information they need to enact transformational change in the built environment.The first phase of our work began this summer during London Climate Week w
3、ith the launch of our first guide that outlined how the worlds foremost sustainability rating systems are aligned and how we can ensure that all buildings transition to a decarbonized future.The report outlined how integrating major building certification systems like BREEAM,HQE,LEED,Green Mark and
4、Green Star can provide a framework for unlocking capital for green projects.The next phase in our alliance builds on our last report and dives into how we can expand green building activity within non-engaged communities.It is well documented that third-party green building certifications provide a
5、framework for achieving ESG and climate goals.The global alliance recognizes that not every building will achieve green building certification.However,every building can implement green building practices to benefit people and the planet and to become more resilient.This requires investments and coo
6、rdination between relevant stakeholders financial institutions,lawmakers and building owners.The alliance plays a crucial role in facilitating this coordination.It has laid out the conditions needed for the sustainable transition of low-performing building stock.This can be a challenging aspect of o