The Urban Land Institute Chicago (ULI) has released a new report that calls on the city to take bold measures to reduce the amount of greenhouse gas emissions from buildings.

ULI Chicago brought together 50 area stakeholders, including industry experts, civic and community leaders, and public sector officials, to develop recommendations for accelerating building decarbonization. The findings suggest that the city should set limits on emissions from certain buildings, similar to an approach used in New York.

According to the report, 69 percent of carbon emissions in the city come from buildings. ULI indicated that while leadership from the public sector is key, close partnerships with the nonprofit and private sectors will be necessary to implement the report recommendations effectively.

Join the leaders and dealmakers when they explore the most important topics and trends at Connect Midwest: Multifamily, Affordable, Student & Student Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register to attend to network with the best in the industry and sit in on discussions you won’t hear anywhere else. Early Bird Registration Ends April 19.