The Chartered Institute of Building (CIOB) has joined a global coalition to create the International Construction Measurement Standards (ICMS) coalition.

Over 30 professional bodies from across the globe are taking part in the initiative, representing a landmark moment for construction.

The scheme was officially launched at the International Monetary Fund (IMF) in July.

The coalition was established by a number of non-profit organisations representing professionals in over 140 countries worldwide.

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The ICMS initiative aims to harmonise standards in the built environment and create simple classification and measurement definitions.

The CIOB said: "It is expected that the ICMS coalition will continue to grow as additional organisations acting in the interest of professionals join the effort to align high-level measurement principles."

Eddie Tuttle, Senior Policy and Public Affairs Manager at CIOB, said: "As a professional body, the CIOB is delighted to join the ICMS coalition and be at the forefront of devising and developing measurement standards in construction.

"Given the socio-economic importance of the industry, it is imperative to work towards internationally recognised standards and minimise the prevalence of risk. This coalition represents a fantastic vehicle for change, and we look forward to working with our partners to develop internationally agreed standards in the near future."

(LM)