AUG - SEP - 2022CONSTRUCTIONTECHREVIEW.COM8IN MYOPINIONAccording to the World Green Building Council, buildings and infrastructure account for 39% of global energy-related carbon emissions. To combat climate change, the construction industry is tackling decarbonization. For example, Global investment in carbon capture and storage has been steadily increasing by the billions since 2019.Currently, only 40% of construction waste is recycled or reused, but many startups are working to increase that percentage. To do so, it is imperative to find solutions in the construction sector that help minimize the amount of material going to landfills by diverting the construction, demolition, and land waste debris onto new projects.There are many ways to decarbonize the construction sector. Building materials, such as concrete, will play an essential role and technologies such as carbon capture, using alternative fuels, and focusing on circular economy models will certainly reduce emissions. As a corporate investor, we have identified startups taking on this initiative and leveraging these emerging technologies to benefit the construction industry with sustainable solutions.Carbon Capture and Utilization TechnologiesThe carbon capture, usage and storage process include capturing, transporting, transforming, using and/or storing greenhouse gas emissions from sources such as chemical plants. Once captured, used and stored. The process can remove up to 90% of the carbon dioxide (CO2) gasses emitted from fossil fuel stations that use coal, oil, or gas. Contech startups that focus their efforts on carbon capture and utilization represent a hopeful future for the industry. One such startup is Carbon Clean. As an established global leader in industrial carbon capture solutions, Carbon Clean utilizes innovative decarbonization solutions and patented technologies to significantly reduce the costs and environmental impacts of CO2 separation. The company was awarded a `Technology Pioneer' award by the World Economic Forum in 2015 and was featured in the `BGF 10 Green Tech to Watch' list in The Sunday Times in 2020.Carbon Upcycling Technologies (CUT) is another exciting startup changing the game. CEMEX Ventures´ most recent investment was made on this innovative startup that converts CO2 into low-carbon cement and concrete additives. DECARBONIZING THE CONSTRUCTION SECTOR WITH STARTUPSBy Gonzalo Galindo, Head of CEMEX VenturesBy focusing efforts on alternative fuels, companies ensure that their processes don't continue to pollute the earth and speed up climate changeGonzalo Galindo
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