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  • European Buildings as Material Banks (BAMB) Sector: Novel Growth Opportunities Revealed
    The European green deal facilitates material reuse through buildings as material banks digital platforms to enable circular economy

    Overview

    Climate change and the resulting environmental regulations continue to affect all European sectors, including the building construction and demolition space.

    • The European Green Deal, a package of policy initiatives, boosts efficient resource use, outlining investments needed for climate mitigation and adaptation.

    • It calls for a 40% reduction in overall emissions by 2030. Concerningly, the building industry presently accounts for 39% of carbon dioxide emissions.

    • Developing and integrating digital solutions in the construction sector can enable the achievement of ambitious circular economy goals while maintaining circular values in existing buildings.

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