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 industry can enable the achievement of ambitious circular economy goals while maintaining circular values in existing buildings.
Buildings as material banks (BAMB) is a concept that views buildings as repositories of valuable resources that all stakeholders along the building value chain can reuse or upcycle. These stakeholders include design, engineering, consultancy, construction and dismantling, R&D, material manufacturers and suppliers, public and private property developers/owners, software technology/platform providers, rent and lease, reuse, repair, and recovery. BAMB solutions enable circularity in the construction industry along the entire building lifecycle on three levels: materials, components, and buildings. Combining digital solutions, such as material passports and tagging sensors, with circular construction approaches allows the shift from recycling to reuse and upcycling. This generates revenue and reduces carbon emissions, raw materials consumption, and waste generation.
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