07 May 2024 | Environment and Sustainability | Technology and Innovation

Building a Greener Future: The Role of AI, Data and PropTech in Decarbonising the Built Environment

The hype around Artificial Intelligence (AI) sparked by the launch of ChatGPT in November 2022 generated much greater global interest compared to previous technology innovations such as Blockchain, tokenisation (Bitcoin), and the ‘Metaverse’, and has had a major impact in real estate.

This wave of interest provided the context for the first BPF and UKPA sustainability ‘Techfast’ - a breakfast discussion (at the BPF on 18 April 2024) on how technology is helping deliver a more sustainable built environment. This is the first of four planned by the BPF and UKPA.

AI is being put through its paces in the race to net zero and is of growing interest to investors, occupiers, developers, and portfolio managers seeking to strengthen sustainability credentials and accelerate decarbonisation of buildings.

Twenty attendees including building owners, developers, managers and software developers, venture capitalists, consultants, enthusiastically shared their experiences of the opportunities and challenges posed by technology, such as building management software (BMS), and of the impact of AI on daily real estate tasks.

Read the full write-up here.

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