FIBREE President Addresses 27CSTD Geneva Convention

Published on May 13, 2024

GENEVA - Jo Bronckers, President of the Foundation for International Blockchain and Real Estate Expertise (FIBREE), addressed the 27th Commission on Science and Technology for Development (CSTD) in Geneva on Thursday, 18 April.

Key Takeaway

Jo Bronckers, representing FIBREE, a leading NGO that bridges the real estate sector with cutting-edge deep-tech solutions such as blockchain, web3, and the metaverse, spoke about the organization’s commitment to improving the industry and the built environment, which are significantly impacting our environment and daily lives.

FIBREE has held a distinguished consultative status with the United Nations Economic and Social Council (UN EcoSoc) since the end of 2022.

Why does it matter?

The construction and real estate industry, the largest industry globally, significantly impacts our daily lives and the environment as it contributes to material flows, energy consumption, greenhouse gas emissions, and waste production. The built environment also employs many people worldwide, including designers, builders, real estate agents, investors, installation engineers, facility managers, financiers, government officials, and researchers. Therefore, while the built environment is significantly impacting our environment, it is also significantly contributing to the economic well-being of numerous stakeholders, thus solutions need to address the downsides without significantly impacting stakeholders negatively.

FIBREE Stands for a Better Real Estate Industry

To this end, FIBREE aims to enhance digitalization and data interoperability within the built environment worldwide, addressing the current fragmentation and lack of transparency in the industry. This initiative aligns with the objectives of the UN Sustainable Development Goals (SDGs), many of which involve activities for the built environment.

Our representative, Jo Bronckers, emphasized the need for better and more exchangeable information about our buildings, particularly concerning SDG 11, which focuses on smart cities and has the largest backlog in data collection for its contribution to Agenda 2030.

Our Call to Action

FIBREE called and continues to call on all attendees and interested stakeholders to focus on improving the information position in the built environment. We are committed to actively collaborating within UN EcoSoc and leading initiatives that promise meaningful contributions. The focus is not just on gathering more data but on having more reliable data, to which blockchain technology can significantly contribute.

We invite everyone to join forces to advance transparent SDG contributions from the built environment globally and look forward to a fruitful collaboration with all UN counterparts.