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ESG in the Middle East - Q3 2021

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MARKET HIGHLIGHTS

 

  1. 55% of the world’s population currently live in cities, a figure that is expected to rise to over 68% by 2050
  2. Approximately USD 2.5 trillion in projects are planned for the Middle East till 2050
  3. Energy consumption in buildings represents nearly 55% of global energy consumption
  4. Due to the pandemic, UAE residents now spend over 90% of their time indoors 
  5. UAE leads the way with the highest share, 63% of LEED certified sq.ft in the Middle East, followed by Saudi Arabia at 20%

 

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