SBTi calls for no new fossil fuel installation from 2030 to decarbonise buildings
Companies setting SBTi-approved targets in the construction sector shall also reduce operational and embedded emissions.
The Science-Based Targets Initiative (SBTi) has launched a new framework to help the building value chain achieve net zero emissions – and urged companies and financial institutions to halt all new fossil fuel installations by 2030.
The organisation recommends four key actions from companies and financiers to support the construction sector’s decarbonisation – and the first is to make a public commitment to stop new fossil fuel-based heating, cooking, power generation and hot water equipment by 2030.
