The International Finance Corporation (IFC) asserts that emerging markets must attract $1.5 trillion in investments by 2035 to enhance environmental sustainability in buildings and decrease carbon emissions. China's share is $1.33 trillion, with the rest distributed across Latin America, the Caribbean, Asia, Europe, and Africa.

This funding aims to modernise existing structures, focusing on electrification, cleaner energy, and constructing energy-efficient buildings with low-emission materials. The construction industry, generating 40% of global carbon emissions, plays a pivotal role in climate mitigation. The IFC proposes adopting readily available technologies, emphasising the urgency for greener construction amid a global building boom.

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