Construction faces significant risks due to climate change (damage to materials and structures, higher maintenance costs, loss of value of real estate assets, etc.), but opportunities are also opened through the introduction of adaptation measures to climate change. Buildings represent 40% of the final energy consumption of a European type city, so the reduction of energy consumption and the use of energy from renewable sources in the building sector are important to reduce energy dependence and emissions of greenhouse gases.
There are numerous barriers that make it harder to take advantage of energy-saving opportunities, including poor market transparency, limited access to capital and risk aversion. However, there is technical knowledge to adapt and build buildings with very low or zero energy consumption, often with low marginal investment costs; and there is a wide variety of effective political instruments to eliminate barriers and seize opportunities.
ALLCOT, aware of the sector’s potential, has embarked on a construction project based on recycled material. These types of initiatives have very significant implications in the mitigation of GHG emissions during the manufacture and transport of the product, but also in terms of adaptation to climate change due to the exceptional characteristics of the final product in terms of its flexibility, insulation capacity, and durability. It is a completely modular construction system that allows the design of any type of housing project of easy and rapid construction, which makes it ideal for the reconstruction of areas damaged by extreme weather events, among other situations.
The benefits of this type of initiatives are:
- Recycle plastic waste to manufacture durable, flexible and lightweight construction materials (BLOCKS) that allow the construction of resilient homes and / or in places affected by the adverse effects of climate change.
- Restore areas degraded by accumulation of plastic waste (river banks and beaches) to improve the resilience of these ecosystems.
- Improve sanitation through the collection and use of plastic waste.
- Raise awareness among the beneficiaries of the need to adopt new technologies in a sustainable manner as well as raise awareness and knowledge about the circular economy, climate change and adaptation strategies.
- Strengthening of capacities with a gender perspective focused mainly on women recyclers in the unregulated or informal market.
- Scale the Project based on obtaining carbon credits and vulnerability reduction credits (CERs and VRC).