World Newspaper Webinar - Sleeping giant in the fight against climate crisis: Construction industry The contracting industry represents more than 50 percent of global wealth and causes 39 percent of carbon emissions. Buildings cause more than 30 percent of global emissions. 7 percent of global carbon emissions come from the cement sector. This rate goes even higher when construction is included. According to industry stakeholders, the green transformation is a matter of great urgency. The European Union is developing measures to minimize the Union's carbon footprint within the framework of the new growth model known as the Green Deal. more..