LCBI certification best suited to real estate investors Paris Agreement trajectories, LOTUF report says
July 4th, 2024
The first Leaders of the Urban Future (LOTUF) White Paper, published in June 2024, puts the LCBI certification ahead of other international certifications when it comes to measuring the carbon footprint over the entire life cycle of a building.
LOTUF’s White Paper, “Seeing is believing: unlocking low-carbon real estate”, was published in association with Systemiq, the system-change company founded in 2016 to drive the achievement of the Sustainable Development Goals and the Paris Agreement.
This report is the result of more than 18 months’ work between European real estate investment players[1], Systemiq, environmental certification bodies and other stakeholders. The report puts forward actions for real estate owners and others across the system to achieve the low-carbon real estate market.
Among the recommended standards and direction, LCBI (Low Carbon Building Initiative) is cited as the method that best meets the demands for transparency and alignment of the building sector with the 1.5°C temperature increase trajectory, as set out in the Paris Agreements. The main certifications currently used in this sector, like BEEAM or LEED, are not aligned with the 1,5°C trajectory.
