“It’s not just storms and floods: Wild temperature swings, severe heat and drought are exacting an invisible toll on the built environment.” In this isigntful article Patrick Sisson looks into the effects of Climate change on buildings around the world. We are honoured to have our views presented In the atricle, which you can read in full here
“Take Greece, which has been baked in record-breaking heat waves in recent years. …. “There’s a consensus that the need for frequent repairs and updates to maintain structural integrity increases financial strain on building owners,” said Tassos Kotzanastassis, chairman of real estate firm 8G Capital and National Council Chair of the Urban Land Council for Greece and Cyprus. Kotzanastassis pointed out that many building materials in Greece come from northern European countries with substantially milder conditions, with roof systems often failing due to UV radiation. Almost 75% of the building stock is currently energy inefficient, he said, and more than 85% of buildings are likely to still be in use in 2050. Retrofitting older buildings with air conditioning is underway, but that process often damages their walls and strains local power grids.”