News Digital Twins Could Help CRE Reduce Emissions In A Big Way – But First, The Technology Needs To Become More Accessible
The push for greener, more sustainable buildings and cities has been around for years, but that enthusiasm does not appear to have made a dent in global carbon emissions.
Energy agencies agree that residential and commercial real estate account for about 40% of global energy consumption and emissions. Advocates of digital twin technology say that by increasing the efficiency of the built environment through real-time, comprehensive monitoring, that number could come down.
New flagship office towers and corporate HQs are more likely to take advantage of the efficiencies that could be achieved using a digital twin. But the greater challenge is posed by the sheer volume of aging building stock, which requires significant and costly repositioning to be able to achieve the same efficiencies.
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IEA
Energy Efficiency in Emerging Economies (E4) programme findings and work Article 9 February 2021 Copy to clipboard
Mexico joined the IEA in 2018 as the first member from Latin America. Mexico is strongly committed to energy efficiency as part of its wider energy reforms. Its policy coverage in multiple energy end-use sectors has increased substantially since 2010 and in 2013, Mexico became the first country in Latin America to introduce a fuel economy standard.
Mexico still has several challenges in meeting its climate objectives and the Sustainable Development Goals such as ensuring access to clean cooking and, in remote areas, universal access to energy. Energy efficiency, through its multiple benefits, remains an important enabler of these objectives.
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