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Valuation of carbon performance of biobased construction

Technical Report · October 2021


DOI: 10.13140/RG.2.2.27338.29129

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VALUATION OF CARBON
PERFORMANCE OF
BIOBASED CONSTRUCTION

Foto: DERIX group


VALUATION OF CARBON PERFORMANCE OF BIOBASED CONSTRUCTION
Netherlands Organization for Applied Scientific Research (TNO) Report 2021 R10879

Authors
Peter Fraanje, TNO (peter.fraanje@tno.nl)
Rens Nijman, TNO

Consulted experts
David Anink W/E adviseurs
Ditmar Henkel Zuivergroen
Hans Spronken Rockwool
Maarten Markus AM
Mantijn van Leeuwen NIBE
Marijn Bijleveld CE Delft
Martin Bijleveld DGMR
Peter Buurman Deerns
René van der Loos DGMR
Rudy van der Helm DGBC
Steven Zijlstra OneClick LCA
Thijs de Goede Alba Concepts
Timo Stuij De Vries en Verburg

Graphics & lay-out


Bureau Supervisie

Disclaimer
The information contained herein is based on sources deemed reliable. TNO and DGBC cannot be held responsi-
ble for any errors. Expressions are solely those of the authors; they may not be modified without prior approval. Use
of (parts of) this report is permitted only with clear source reference. Reproduction or publication of this publication
requires the express prior permission of TNO and DGBC.

The DGBC Circularity program is supported by:

AA_fullcolourU.eps
ABN AMRO full-colour for uncoated paper
Width shield: 20 mm
Overlap: 0,05 mm

This exploratory study was done as part of BuildingLife and Life Level(s)

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#BUILDINGLIFE

Publication date
July2 2021
Photo: DERIX group

PREFACE
The Dutch Green Building Council (DGBC) wants But then what is a fair way to measure this? And what
to drastically reduce Carbon emissions in the built tools can we give builders and buyers in using and
environment to meet the Paris climate targets. The procuring biobased materials for their construction
use of biobased materials have an important role to projects? At the request of DGBC, TNO, with the support
play. Biobased materials can have a low environmental of NIBE (a Dutch consultancy in the field of sustainable
impact. They can store Carbon for long periods of time. and circular building), worked out six different variants
But, how can this impact of materials be assessed fairly? of storage in biobased materials. They align as much as
DGBC has requested TNO (independent Dutch research possible with the current MPG and have been reviewed
organisation) to investigate this. by several agencies that specialize in MPG and Lifecycle
Assessment (LCA) calculations.
The catalyst for this were spirited discussions in the
building sector about the position of biobased materials The variants presented are very valuable as a guideline
in the Environmental Performance of Buildings (MPG). in tenders, for example. They also form a new starting
According to a large group of leading players in the point for further development by the Ministry of the
sector, the current MPG does not sufficiently take into Interior and Kingdom Relations (BZK). The goal is
account the fact that biobased materials can store to eventually also adapt the determination method
Carbon for long periods of time. And furthermore, their (legislation) and underlying MPG tooling. Until then and
production can have a low environmental impact. A beyond, DGBC and its supporters will continue to steer
manifesto highlighting this was presented to the minister for the lowest possible Carbon impact through materials,
a few months ago, which was well received. a crucial component in achieving the climate goals.

Ruben Zonnevijlle
Circularity Program Manager
Dutch Green Building Council

DGBC | Valuation of Carbon Performance of Biobased Construction 3


TABLE OF CONTENTS

PREFACE 3

1 INTRODUCTION 5

2 OBJECTIVE 7

3 VARIANTS OF VALUATION OF TEMPORARY CARBON STORAGE 8


IN BIOBASED MATERIALS IN RELATION TO THE MPG
3.1 MPG supplemented by a declaration of biogenically captured Carbon 8
3.2 MPG inclusive, where biogenically sequestered Carbon is subtracted 9
from Carbon emissions due to production
3.3 MPG circular with the LCA-based scenario that assumes Carbon emissions 9
are deferred for at least 100 years
3.4 MPG with module A at 100%, B at 75%, and C at 50% and D at 50% 10
3.5 MPG and additional Net Carbon Footprint 10
3.6 MPG and additional biobased content (v/v%) 11

4 FINDINGS AND RECOMMENDATIONS 12

5 REFERENCES 14

4
1. INTRODUCTION
The Netherlands is moving towards a circular and sustainable economy. Construction is an important sector that
can contribute greatly to this sustainability. With tools such as MPG (Environmental Performance of Buildings)
and MKI (Environmental Cost Indicator (ECI)), clients, designers and architects are encouraged to build more
sustainably. Both tools are based on the European standard for Life Cycle Analysis (LCA) of construction products,
EN 15804. Building products with low environmental impact contribute to a good MPG or ECI score.

Biobased materials are derived from the biosphere. At the European level, it has been decided to make
Biobased products are products composed in whole or biogenic carbon expressed in kg Carbon equivalents
in part of plant or animal biobased raw materials. What explicitly visible in LCAs (EN 15804: A2). As of 1-1-
makes biobased materials special is that they originate 2021, this has also been implemented in the Dutch
from living organisms that absorb Carbon as they grow. Determination Method for Environmental Performance
With sustainable management, nature can continually of Construction Works (NMD, 2020). This statement
provide us with new bio-resources. With large-scale does not mean that biogenic Carbon counts towards
application of wood and other biobased materials, the ECI and MPG yet; for that, a change in the current
construction can play a role as a temporary store of Determination Method for Environmental Performance of
Carbon (carbon sink) and thus contribute to climate Construction Works and/or the European standard would
change mitigation. Currently, this so-called biogenic be required.
Carbon sequestration in wood and other biobased
materials is not taken into account in the MPG and the If temporary Carbon sequestration in wood and other
ECI. ‘Biogenic Carbon’ refers to the natural process of biobased materials applied in construction are included,
carbon uptake during tree and plant growth. In the LCA, this would lead to a lower contribution to the climate
the so-called -1/+1 method is used: the Carbon absorbed change environmental impact category (Keijzer et al,
during growth is released again during combustion at the 2021). The contribution to climate change or Global
end of the life cycle, setting the net effect to 0. Warming Potential (GWP) is one of the most important
environmental impact categories within a LCA. Including
biogenic Carbon storage thus leads to a better MPG or
ECI score.

DGBC | Valuation of Carbon Performance of Biobased Construction 5


Developers and construction companies drew up a DGBC aims to accelerate the transition to a circular and
manifesto at the end of last year advocating that the carbon-neutral construction and built environment. One
Carbon temporarily sequestered in wood should be of the key themes is Carbon reduction (‘Paris Proof’).
included in sustainability scores. For example, if wood is The goal of the UN climate agreement is to reduce
used as a construction material in a residential building, Carbon emissions by at least 49% from 1990 levels
Carbon emissions are generally already deferred for by 2030. This Carbon reduction can be achieved by
more than 50 years. Thus, construction contributes to designing and constructing buildings that are energy
limiting climate change. The manifesto ‘A level playing neutral. The Dutch construction industry can contribute
field for a more sustainable Netherlands’ has been to achieving the climate targets. Circular construction
signed by more than 225 companies and organizations and the use of materials with a low Carbon impact and
(VORM, 2021). A good portion of the signatories belong long-term storage of Carbon in buildings can accelerate
to the membership of the Dutch Green Building Council the transition to a climate-neutral built environment
(DGBC). (WBCSD, 2021).

Minister Ollongren, in response to the manifesto and In response to the manifesto and in anticipation of
to parliamentary questions, announced that she is the ministerial study, DGBC asked TNO to present
commissioning research into how carbon storage in possible options for the valuation of temporary Carbon
construction can be included in the environmental sequestration in wood and other biobased building
performance of buildings (CBE, 2021) (TK, 2021). In materials as a contribution to the social dialogue.
response to question 5 from representative Van Eijs
‘Do you share the opinion that - given the ambition to
achieve an energy-neutral built environment by 2050 - it
would be logical to include the storage of Carbon in the
MPG calculations?’ the minister said:

I share the view that Carbon storage can contribute


to a climate-neutral built environment by 2050. I
therefore promise to determine how the valuation of the
environmental impact of storing Carbon in biobased
materials, including wood, can be included in our
national system. A subsequent adjustment will take place
within the space provided by the European frameworks
and without passing on environmental effects, for
example, to future generations. I will involve the parties
of the manifesto in this, as well as other interested parties
and of course the National Environmental Database
(NMD) foundation as manager of the calculation
method.

6
2. OBJECTIVE
DGBC requested TNO to present possible options that could provide insight for the valuation of temporary Carbon
sequestration in wood and other biobased building materials. The possible options should, as far as possible, be
in line with existing methodologies and tools (MPG, LCA, EN 15804, EN 15978) for sustainability and be based on
environmental data from the National Environmental Database (NMD).

The objective of this study is to identify possible options Chapter 3 describes six variants that contribute to
for the valuation of the Carbon performance of biobased the valuation of the Carbon performance of building
building materials in relation to the current instruments materials. These variants were selected in consultation
and to provide a first overview of the opportunities and with DGBC and other stakeholders. The variants are
barriers per option. The survey can be used to support presented with fictitious values and are not yet fully
the dialogue on this issue. developed. Implementation of the options presented
here requires further elaboration / a protocol. Chapter 4
shares initial findings regarding the variants and offers
recommendations.

DGBC | Valuation of Carbon Performance of Biobased Construction 7


3. VARIANTS OF VALUATION OF TEMPORARY CARBON
STORAGE IN BIOBASED MATERIALS IN RELATION TO
THE MPG
In consultation with DGBC and other stakeholders, six variants for the valuation of the temporary Carbon storage in
biobased materials were selected as possible options. Other variants or a combination of some parts of the variants
are of course also possible. At an earlier stage, specialized agencies that perform LCA and MPG calculations were
surveyed about the practical opportunities and obstacles the variants presented here face.

The six proposed variants are: This variant does not require any regulatory changes.
• V1: MPG supplemented by a separate declaration of Clients seeking biobased construction can explicitly ask
biogenically sequestered Carbon. for the amount of biogenically captured carbon.
• V2: MPG ‘inclusive’, where biogenically sequestered
Carbon is subtracted from Carbon emissions due to The MPG is expressed as a shadow price in € per m2
wood production. of gross floor area (GFA). The amount of (temporarily)
• V3: MPG ‘circular’ with the LCA-based scenario that sequestered Carbon is expressed in tons of Carbon per
assumes Carbon emissions are deferred for at least structure. The values are fictional.
100 years.
• V4: MPG with module A at 100%, B at 75%, and C and D Variant 1
at 50%, so that environmental impacts will weigh less
MPG
in the future. 55 tons
& Biogenic
• V5: MPG and the additional Net Carbon Footprint of
Carbon storage
€ 0,59
the structure.
• V6: MPG and the additional biobased content of the
structure in volume percent (v/v%).
The following opportunities and barriers for this variant
The following paragraphs present and explain the six have been identified:
selected variants with notional values.
++ no change to the Determination Method for
3.1 Variant 1: MPG supplemented by a Environmental Performance of Construction Works
declaration of biogenically captured and EN 15804: A2 is required
Carbon + biogenic Carbon should be determined in every LCA
In this variant, the MPG is determined as stipulated in according to EN 15804: A2
the current determination method. In the Netherlands it + biogenic Carbon storage can be monetized and
has been agreed that biogenic Carbon should also be valued
explicitly mentioned in LCA calculations (GWP- biogenic)
as of 1-1-2021. Based on the prevailing method used in the - no integration with MPG
Netherlands, the Determination Method for Environmental - no distinction between short- and long-cycle
Performance of Construction Works, the effect of the sequestration (some biobased materials have a
absorption of Carbon by trees and plants in wood and other shorter life span than the structure)
biobased materials is not yet reflected in the MPG. - new datasets for biogenic Carbon containing
products are needed
By representing, in addition to the MPG, the amount of - variation of tonnage in structures (one could also
sequestered carbon in the materials for the structure, convert storage to m2 GFA)
climate performance is currently explicitly valued.

8
3.2 Variant 2: MPG inclusive, where The following opportunities and barriers for this variant
biogenically sequestered Carbon is have been identified:
subtracted from Carbon emissions due to
production ++ temporary storage of Carbon in biobased products
With this MPG ‘inclusive’ variant, the amount of Carbon will be included in the MPG
captured over the lifetime of the biobased product in a + simplicity
building is subtracted from the total Carbon emissions
resulting from production (A1-A3). -- a change to the Determination Method for
Environmental Performance of Construction Works
This variant takes into account the factor of time as and EN 15804 is required
Carbon emissions are delayed for a long time. The - new biobased product datasets are needed
biogenic Carbon is not released until the end of the life of
the structure. If the life span of a biobased product in this 3.3 Variant 3: MPG circular with the LCA-
variant is shorter than the standard life span of homes (75 based scenario that assumes Carbon
years) and offices (50 years), the environmental impact emissions are deferred for at least 100
categories should be multiplied by a factor in accordance years
with the Determination Method for Environmental The MPG ‘circular’ is calculated with the assumption that
Performance of Construction Works. The number of Carbon remains stored for at least 100 years in wood
replacements is calculated by dividing the functional life applied in a building. For this variant, according to the
by the service life minus one (the initial production). With Determination Method for Environmental Performance of
a functional life of 75 years and a building product life Construction Works, a plausible case must be made that
of 25 years, the number of replacements is 2, namely: this is realistic. Many historic buildings contain wooden
75/25 - 1 = 2.00; initial production is fully accounted for beams that are hundreds of years old. Modern wood
(NMD, 2020). building structures can be made remountable and then
reused multiple times over a 100-year period. Carbon
This variant is similar to the model used by TNO in the then remains stored.
study of Carbon storage in wood (Keijzer, 2021), except
that in the latter case, the reduction of Carbon in the To date, it is assumed that carbon in biobased materials
atmosphere was also taken into account. will be released again within 100 years in the form of
Carbon when the material is burned after disposal. As the
In the current methodology, temporary Carbon storage construction industry moves toward a circular economy,
in biobased materials is not counted. This MPG including new scenarios are unfolding where construction lumber
variant would require a change in the Determination is not burned after disposal, but given a second or third
Method for Environmental Performance of Construction life.
Works and in EN 15804.
For this variant, the exception clause ‘The effect of
In this MPG inclusive variant, the temporary Carbon permanent biogenic carbon storage shall also not be
sequestration in biobased products is included. included in the calculation of the GWP’ in on p.20, par.
The better Carbon performance is reflected in a better 5.4.3 of EN 15804 A2 would have to be removed.
MPG score. For biobased products, the MPG expressed Without this clause, biogenic sequestered Carbon can
as a shadow price would be € per m2 GFA lower than it is then be taken into account. The MPG is expressed as a
today. The value is fictional. shadow price of € per m2 GFA. The value is fictional.

Variant 2 Variant 3

MPG inclusive MPG circular


(incl biobased (>100 years
€ 0,55 € 0,53
Carbon storage) Carbon storage)

DGBC | Valuation of Carbon Performance of Biobased Construction 9


The following opportunities and barriers for this variant The following opportunities and barriers for this variant
have been identified: have been identified:

++ long-term Carbon storage is made plausible and + biogenic Carbon storage is counted as 50% in the
included in the MPG MPG due to the difference in weighting
++ circular construction with wood is encouraged + more weight is given to environmental impacts now,
encouraging sustainable performance and circularity
- the deviation in the Determination Method is in the short term (applies to all products)
included or the exception clause in EN 15804: A2 + easy to perform calculations
deleted
- risk of shifting the environmental burden to the future -- a change to the Determination Method for
- the scenario should be made demonstrable Environmental Performance of Construction Works is
required
3.4 Variant 4: MPG with module A at 100%, B - weighting or discounting future environmental
at 75%, and C at 50% and D at 50% impacts such as toxicity is controversial
The MPG is based on life cycle environmental impacts. It - less insightful, less transparent
concerns all life phases, from cradle to grave, from module - greater uncertainty due to assumptions
A to D. In construction, it often involves long life cycles, in - deviation from EN 15804
other words, the environmental effects of C and D do not
kick in until much later from t=0. Where life phases A and 3.5 Variant 5: MPG and additional Net
B are well defined, modules C and D are situated in the Carbon Footprint
future. In this variant, in addition to the MPG as determined by
the current Determination Method for Environmental
In this variant, module A is given more weight as the other Performance of Construction Works, the carbon footprint
modules are given less weight. Because of this relative of the production of the building is also reflected. The
weighting of the modules, the temporary sequestration carbon footprint represents the total Carbon emissions
of Carbon is valued at 100%, while in module C, 50% from the production of the building (A1-A5) and is
emissions are counted. expressed in tons of Carbon for the entire structure. This
This automatically means in this example that temporary carbon footprint is reduced by the temporary Carbon
biogenic Carbon storage counts for 50% in the MPG. storage: the Net Carbon Footprint.
Of course, other weighting percentages are conceivable.
Clients and companies can use this carbon footprint
For this variant, the Determination Method does not need for the valuation of carbon performance. Construction
to be modified. The MPG expressed as a shadow price € companies can climb higher on the Carbon performance
per m2 GFA better expresses the contribution to climate ladder, developers and clients can measure and value
change at the time of construction. Environmental impacts Carbon storage and/or Carbon performance (SKAO,
in the future count for less, also because they are less 2021) (ONCRA, 2021) (SBT, 2021).
certain. The value is fictional. The differences in scope and emission factors between
the Carbon performance ladder and the Determination
Variant 4 Method are a point of attention.

MPG
The MPG is expressed as a shadow price of € per m2
(including 50%
€ 0,51 GFA and the net carbon footprint is the sum of Carbon
Carbon storage)
emissions resulting from the extraction, production and
construction of the asset (A1 to A5) minus the Carbon
storage.

10
This variant does not require any changes to the 2.6 Variant 6: MPG and additional biobased
Determination Method or EN 15804. The Carbon content (v/v%)
footprint is additional and is expressed in tons of Carbon In this variant, in addition to the MPG, the biobased
equivalent. The values are fictional. content of the entire structure is also represented. This
is the percentage of biobased material used by volume.
Variant 5 In construction, raw materials with high specific gravity
are typically used. Biobased materials often have a
MPG &
lower specific gravity and could be negligible at the
Net Carbon
€ 0,59 project level. Therefore, volume percentages are used to
Footprint 53 tons calculate this variant. By setting requirements in terms of
volume, clients can (also) steer for material efficiency.
The following opportunities and barriers for this variant
have been identified: This variant does not require any changes to the
Determination Method or EN 15804. The biobased
++ no change to the Determination Method for content is additional. The MPG is expressed in a shadow
Environmental Performance of Construction Works price € per m2 GFA and the biobased content in volume
and EN 15804 is required percent biobased material per structure. The values are
+ Carbon performance becomes transparent fictional.
+ aligns with the Carbon performance ladder and other
Carbon accounting systems Variant 6

MPG &
- no integration with MPG Biobased
- no insight into the Carbon contribution of the
€ 0,59
Content 38 v/v%
individual modules
- ariation of tonnage in structures (one could also
convert Carbon storage to m2 GFA)) The following opportunities and barriers for this variant
have been identified:

++ no change to the Determination Method for


Environmental Performance of Construction Works
and EN 15804 is required
+ biobased content is declared in addition to the MPG
+ imple, stimulates bio-based, Carbon sequestration,
biodiversity and renewability
+ stimuleert materiaalefficiency

- promotes material efficiency


- no integration with MPG
- requires conversion of mass to volume

DGBC | Valuation of Carbon Performance of Biobased Construction 11


4. FINDINGS AND RECOMMENDATIONS
Three variants have been identified (V1, V5, V6) where temporary Carbon storage in wood and other biobased materi-
als can be valued without the need to change the Determination Method for Environmental Performance of Construc-
tion Works and EN 15804. V1 (MPG with separate declaration of biogenic Carbon), V5 (MPG with additional Net Car-
bon Footprint) and V6 (% biobased in a project) provide insight into the biobased performance in addition to the MPG
score. V5 can be linked to Carbon performance targets of companies and governments and can also be monetized.

Three options were presented in which the Determinati- Where changes in guidelines/standards are concerned,
on Method for Environmental Performance of Construc- it will of course be necessary to determine, in consulta-
tion Works and EN 15804 would have to be amended tion with other (chain) parties involved, if and how these
(V2, V3, V4). One option (V3 MPG circular) was identified changes affect other criteria/decisions and what this
that would require a minor change to the Determination means for any preconditions that must be imposed on
Method for Environmental Performance of Construction the various scenarios. This is not currently being taken
Works and EN 15804 A2. This involves the deletion of into consideration.
or deviation from one exception rule in the European
standard (see p.9). It is recommended that the various options discussed in
this report, and possibly others, that are available for the
In V2 (MPG inclusive), biogenic Carbon storage is valued consideration of temporary Carbon storage in buildings
by deducting the Carbon temporarily sequestered in be further analyzed and investigated in practice. Ficti-
biobased products from the Carbon emissions due to tious values have been used in this report; a run-through
production and use. Biobased products with a lifespan of all variants based on a demonstration house and some
shorter than 75 years should be accounted for in line with wood-built examples would provide more insight.
the Determination Method for Environmental Performan-
ce of Construction Works. In V3 (MPG circular), it should This study can be used as a contribution to the dialogue
be demonstrated that Carbon emissions will be deferred on Carbon storage in construction and as a foundation
for at least 100 years. This option not only stimulates for the study commissioned by the Ministry of the Interior
biobased products, but also circular construction. and Kingdom Relations (BZK) on how Carbon storage
can be included in the environmental performance of
V4 (life phases variable valuation) is relevant to the buildings.
Carbon performance of all materials: in this option, the
Carbon emissions in the production phase become more
important than the possible savings in the future through
recycling and reuse. Because modules C & D are taken
into account for 50%, the Carbon storage in phase A will
automatically be valued for 50%.

12
5. REFERENCES
Anonymous (2021): ‘L'Etat impose au moins 50% de matériaux biosourcés aux EPA’; February 5, 2021;
https://www.batiactu.com/edito/denormandie-impose-au-moins-50-materiaux-biosources-58711.php

CBE: ‘Ollongren laat CO2 opslag in hout herwaarderen’ [‘Ollongren has Carbon storage in wood revalued’]; The Hague; Febru-
ary 5, 2021; https://circulairebouweconomie.nl/nieuws/ollongren-laat-co2-opslag-in-biobased-materialen-herwaarderen/

Climate Cleanup (2021): ‘Full carbon credits biobased building’; Amsterdam, 2021; https://climatecleanup.org/full- carbon-cre-
dits-biobased-building/

EN15804 A2 (2019): ‘Sustainability of Construction Works - Environmental Product Declarations - Core rules for the product
category of Construction Products’; CEN European Committee for Standardization; Brussels, 2019.

EN 15978 (2011): ‘Sustainability of construction works - Assessment of environmental performance of buildings’ - calculation
method; CEN European Committee for Standardization; Brussels, 2011.

EN 16449 (2014): ‘Wood and wood-based products - calculation of sequestration of atmospheric carbon dioxide’; CEN Euro-
pean Committee for Standardization; Brussels, 2014.

EN 16575 (2014): ‘Biobased products’ - vocabulary; CEN European Committee for Standardization; Brussels, 2014.

Keijzer, E. et. al.: (2021): ‘Een verkenning van het potentieel van tijdelijke CO2 opslag bij houtbouw’ [An exploration of the po-
tential of temporary Carbon storage in timber construction]; TNO Utrecht, March 25, 2021. Building with wood more favourable
to climate than current MPG calculation shows | TNO

NMD (2020): ‘Bepalingsmethode Milieuprestatie Bouwwerken 1.0’ [Determination Method for Environmental Performance of
Construction Works 1.0]; National Environmental Database (NMD); Rijswijk, July 2020.

ONCRA (2021): ‘CO2 tool beta version’ https://oncrabio.web.app/tool

Science Based Targets (2021): https://sciencebasedtargets.org/

SKAO (2021): ‘Wat is de CO2 prestatieladder?’ [What is the Carbon performance ladder?]; https://www.skao.nl/nl/wat-is-de-
ladder

TK (2021): ‘Antwoord op vragen van het lid Van Eijs over het bericht Bouwers in opstand tegen norm duurzaam bouwen: Hout
dupe van oneerlijke rekensom’ [Answer to questions by member Van Eijs about the message Builders in revolt against sustai-
nable building standard: Wood bears the brunt of unfair calculations]; The Hague, February 2, 2021
https://www.tweedekamer.nl/kamerstukken/kamervragen/detail?id=2021D04619&did=2021D04619

TK (2021): Parliamentary questions Tom van der Lee https://zoek.officielebekendmakingen.nl/kv-tk-2021Z01403.html


https://www.openkamer.org/kamervraag/2021Z01403/

VORM (2021): Manifesto: ‘Een eerlijk speelveld voor een duurzamer Nederland’; Rotterdam. Manifesto: A level playing field for
a more sustainable Netherlands - VORM

WBCSD (2021): ‘Decarbonizing construction - Guidance for Investors and Developers to Reduce Embodied Carbon’; draft-re-
port World Business Council for Sustainable Development (WBCSD); New York, March 23, 2021.

DGBC | Valuation of Carbon Performance of Biobased Construction 13


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