Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
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Potential gains from improving energy efficiency are substantial — not only in terms of saving energy and combating climate change, but also in terms of contributing to an array of other co-benefits, including improving human health and creating jobs. We asked Tim Farrell, Senior Advisor at the Copenhagen Centre on Energy Efficiency, what works best when it comes to boosting energy efficiency. He stressed that targeted policy measures and sufficient resources to support implementation and compliance are among a number of critical ingredients for success.
To date, greenhouse gas (GHG) emissions, mitigation strategies and the accompanying health co-benefits in different economic sectors have not been fully investigated. The purpose of this paper is to review comprehensively the evidence on GHG mitigation measures and the related health co-benefits, identify knowledge gaps, and provide recommendations to promote further development and implementation of climate change response policies.
Improving energy efficiency has long been advocated as a way to increase the productivity and sustainability of society, primarily through the delivery of energy savings. The impact of energy efficiency measures can go far beyond energy savings, and energy efficiency improvements can be an important contributor to economic growth and social development.
Accounting for over 70% of global CO2 emissions, cities are major contributors to climate change. Acknowledging this, urban climate change adaptation and mitigation plans are increasingly developed to make progress toward enhancing climate resilience. While there is consensus that focusing on both adaptation and mitigation is necessary for addressing climate change impacts, better understanding of their interactions is needed to efficiently maximize their potentials. This paper, first, provides a bibliographic analysis to map existing knowledge regarding adaptation-mitigation interactions.
The untapped / hidden benefits of environmental policies are huge, this piece of research showcases and places a monetary value on the added benefits to our health, society and the economy that environmental investments and policy linked to energy efficiency can bring. Findings show that green policies can improve both our health and the economy and can go hand-in-hand. This study provides guidance to policy and decision-makers in developing a methodology for the inclusion of multiple benefits in a cost/benefit assessment of energy efficiency policy.
An overview of climate change mitigation opportunities in the world's buildings is presented, based on the key building-specific findings of the Fourth Assessment Report from the Intergovernmental Panel of Climate Change. Buildings and the building stock can play a major role in mitigating climate change in the short- to medium-term, since substantial reductions in CO2 emissions from their energy use can be achieved over the coming years.