Leading markets are adopting modular construction techniques, but significant challenges make it hard to reach scale. At a Glance Off-site modular construction of buildings and homes is efficient and less expensive, significantly saving time as well as material and labor costs. But the industry’s fragmented nature among investors, architects, manufacturers, and construction companies has slowed

Three charts illustrate how CO2 mitigation costs and inflationary pressures are dampening the aviation demand outlook, despite the receding pandemic. Launched in May 2020, our air traffic forecast was originally designed as a response to pandemic uncertainties. It has since evolved to cover other key factors: macroeconomic growth, levels of disposable income, and carbon mitigation

New barriers, new solutions The past year has crystallized the challenges of the energy transition. Even as the scale and severity of climate-related disasters remained near all-time highs, markets across the world doubled down on energy security. Scarcity-driven price shocks drove inflation, affecting businesses and consumers globally. Investors continued to scrutinize fossil fuel investments, even