CONCEPTUAL FOUNDATIONS OF INTEGRATION OF CARBON MANAGEMENT INTO FIDIC PROFORMAS AND THEIR IMPACT ON THE ECONOMIC EFFICIENCY OF CONSTRUCTION IN THE SYSTEM OF SPATIAL DEVELOPMENT OF TERRITORIES OF UKRAINE
Abstract
The article explores the conceptual foundations of integrating Carbon Management (CM) and Carbon Emissions Management (CEM) into FIDIC contract proformas within the context of spatial development of territories in Ukraine. Substantiates the necessity of transforming the traditional project management paradigm “cost–time–quality” by incorporating carbon performance as a fourth key dimension of efficiency. A methodological framework for calculating CE Budget and Actual CE is proposed, alongside the development of an integrated performance indicator (GPI⁺) based on a multi-criteria approach. An econometric model is constructed to assess the impact of CO₂ emissions, investment activity, spatial characteristics, infrastructure development, and ESG factors on construction project efficiency. Decarbonization of construction during the reconstruction period moves from the level of an individual project to the spatial development of territories. The results confirm a statistically significant relationship between carbon emissions and economic performance, highlighting the role of decarbonization as a driver of project optimization. The study further demonstrates that spatial planning parameters, including urban density, transport accessibility, and infrastructure provision, significantly influence lifecycle emissions and overall project effectiveness. Particular attention is given to the recent amendments to the Ukrainian building code, which introduce requirements for integrating environmental and resource-efficiency criteria into urban development processes. The findings indicate that the integration of carbon KPIs into FIDIC contracts, combined with spatial planning mechanisms, enhances transparency, reduces risks, and improves investment attractiveness in construction projects. The proposed approach supports the transition from a linear to a circular and sustainable development model, which is particularly relevant for Ukraine’s post-war reconstruction and alignment with European environmental standards.
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