Some of the country’s leading building and construction companies have joined with university experts in a major new initiative to help Australia achieve its 2050 greenhouse gas emissions reduction target.

The Cooperative Research Centre (CRC) for Low Carbon Living, headquartered at the University of New South Wales (UNSW), has been officially opened by the Minister for Tertiary Education, Skills, Science and Research, Senator Chris Evans. The Federal Government has granted $28 million towards the establishment of the $100 million CRC, with the balance coming from the Centre’s partners.

Located within UNSW’s new Tyree Energy Technologies Building, the CRC aims to help cut Australia’s residential and commercial carbon emissions by an extra 10 mega tonnes per year by 2020, which is the environmental equivalent of taking 2.3 million cars off the road annually.

The CRC plans to do that by developing low carbon building construction materials and increasing the evidence base for government policy and planning, among other measures. Australia has set greenhouse gas emissions reduction targets of 25 per cent by 2020 and 80 per cent by 2050 compared with 2000 levels.

When the carbon reduction targets are met, the CRC will have delivered a direct benefit of $250 million per year to the economy, while reducing risk to the $150 billion per year construction industry, as it adjusts to a carbon-constrained economy.

“The construction industry is an important contributor to the national economy but it’s also a big contributor to Australia’s carbon emissions,” Senator Evans said at the UNSW launch.

“This CRC brings together researchers with expertise in property, planning and government to help the industry cut emissions in new construction materials and processes, while maintaining its competitiveness.”

To achieve its goals, the CRC will employ a three-pronged approach starting with building design and construction, through to the creation of entire low carbon precincts and changes to individual consumer engagement and behaviour.

Participants in the CRC include: industry (property developers, materials suppliers, energy specialists, architects, engineers and peak bodies), state and federal governments, city councils, universities from Australia, Europe, Asia and North America, public utilities, planning agencies, the national standards organisation, TAFE and CSIRO.

The United Nations Environment Program is also involved, facilitating international dissemination of CRC initiatives in the Asia Pacific region and encouraging knowledge transfer internationally.