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Caspian Energy Journal Caspian European Club
Monday, 02 November 2015 14:00

50 percent decrease in GHG by 2025

The construction industry is one of the most important sectors to the UK economy and one of eight sectors addressed in the Government’s first growth review in 2011. Following this, the UK Government’s recently published Construction Industrial Strategy, developed in partnership with the industry, sets out an ambitious vision for the construction industry, Caspian Energy News (www.caspianenergy.net) reports with reference to the official website of the UK Government.

The strategy envisages dramatic improvements in performance by 2025 – including a 33 per cent reduction in both the initial construction cost and the whole life cost of built assets; 50 per cent faster delivery of construction projects; a 50 per cent improvement in exports; a 50 per cent decrease in greenhouse gas emissions; and a 50 per cent reduction in the current £6 billion trade gap between construction imports and exports. It sees these developments as being underpinned by the evolution of a more technologically advanced industry that is: ‘smart’: efficient and technologically advanced, with a highly skilled and diverse workforce; ‘sustainable’: with world-leading export performance in green technologies and materials; able to deliver ‘growth’: with the UK’s share of global construction markets expanding substantially.

This represents a major opportunity for the construction industry to further embrace technological change and innovation.

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