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Reports

59 result(s) found

Heterogeneous Price Premiums in Sustainable Real Estate? An Investigation of the Relation between Value and Price Premiums

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English
Authors:
Spenser Robinson,
Pat McAllister

Focusing on the voluntary LEED and ENERGY STAR environmental certification schemes in the United States, we investigate whether price premiums exist across all building value categories or are localized to specific value segments. We find that the largest value building segment does not demonstrate any price premiums, while the smallest value categories do. The concentrated supply of eco-labeled offices in large, high-quality buildings likely contributes to this phenomenon.

German and Norwegian policy approach to residential buildings’ energy efficiency—a comparative assessment

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English
Authors:
Gloria Amoruso,
Natasha Donevska,
Gunstein Skomedal

The paper answers three research questions: (1) Which policies prevail in Germany and Norway to foster the deployment of energy efficient and decarbonized solutions for residential buildings? (2) How do these policies respond to country-specific barriers to the energy transition in the building sector, and (3) What effects do they have on the actual implementation of technological and societal solutions?

Paving a Concrete Path to Globalization with China's Belt and Road Initiative Through the Middle East

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Authors:
Liana M. Petranek

This article discusses China's economic development and political influence in the Middle East, and the construction of China's Belt and Road Initiative (BRI). It also discusses Xi Jinping's vision for relationships with the Middle East states as its natural partners, the China-Arab States Cooperation Forum (CASCF), the law of value, and the antagonistic contradictions China will encounter in its path to accumulation with US hegemony in the region.

The price of innovation: An analysis of the marginal cost of green buildings

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English
Authors:
Andrea Chegut,
Piet Eichholtz,
Nils Kok

Energy efficiency plays an important role in reducing the carbon externality from buildings, but economic analyses of more efficient, green building have thus far ignored input costs. This paper finds that the average marginal cost of green-labeled construction projects is smaller than the value premiums documented in the literature. However, design fees, representing just a fraction of development costs but paid largely up-front, are significantly higher for green construction projects. These projects also take longer to complete.

Residential energy efficiency standards in Australia: where to next?

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Authors:
Stephen Berry,
Tony Marker

Increasing the energy and carbon efficiency of homes has been at the forefront of international climate change mitigation policy. In Australia, recent policy action led to the introduction of minimum energy efficiency standards for new homes within the Building Code of Australia in 2003, with subsequent stringency increases in 2006 and 2010.

Setting a standard for electricity pilot studies

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English
Authors:
Alexander L.Davis,
Tamar Krishnamurti,
Baruch Fischhoff,
Wandi Bruine de Bruin

In-home displays, dynamic pricing, and automated devices aim to reduce residential electricity use—overall and during peak hours. We present a meta-analysis of 32 studies of the impacts of these interventions, conducted in the US or Canada. We find that methodological problems are common in the design of these studies, leading to artificially inflated results relative to what one would expect if the interventions were implemented in the general population.

Solar home systems and solar lanterns in rural areas of the Global South: What impact?

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Authors:
Xavier Lemaire

Assessing the extent of evidence available relating to the impact of solar energy for households (HHs) in developing countries, surveys are reviewed focusing on the impact of pico‐photovoltaic (e.g., solar lanterns) or solar home systems (SHS) on rural HHs and directly related economic activities of their occupiers. Ninety‐eight documents have been analyzed. Areas of enquiry have included the impact of small individual solar photovoltaic systems on different facets of the life of HHs' occupiers: their education, health, finance, livelihoods, and social relations.

Boosting building renovation: An overview of good practices

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English
Authors:
Bogdan Atanasiu,
Ilektra Kouloumpi,
Marine Faber,
Cosmina Marian,
Ingeborg Nolte,
Oliver Rapf,
Dan Staniaszek

The main aim of this report is to contribute to the exchange of good practices and to support EU MS by providing potential ideas for the elaboration of long-term renovation plans. The report compiles renovation requirements as well as financial instruments, support programmes and market mechanisms for building renovation in a number of countries and regions. While the main focus of the report is on selected EU MS, a few global examples are also presented.

Incorporating Green Building Features and Initiatives into Commercial Property Valuation

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English
Authors:
Saul Nurick,
Karen Le Jeune,
Emma Dawber,
Ryan Flowers and Jennifer Wilkinson

The rapid acceptance of green buildings internationally has led to awareness of green building features and initiatives (GBFIs) in the South African property industry; however, among South African valuers, it seems the awareness is still in its infancy. Semi-structured interviews were conducted with valuers of varying degrees of experience in Cape Town, online surveys were completed by a sample of South African valuers, and a valuation simulation was conducted to determine the impact of GBFIs.

Trajectory for Low Energy Buildings - Infrastructure and Customer Impacts

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English
Authors:
ENERGEIA

Proposed changes flowing from the former Council of Australian Government’s Trajectory for Low Energy Buildings project1 (the trajectory) are expected to reduce annual electricity consumption of new and refurbished residential and commercial premises by 36 TWh by 2050, compared to current standards.

ADDRESSING FINANCIAL OBJECTIONS TO SUSTAINABLE DESIGN AND CONSTRUCTION

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Authors:
Susan Aiello

This article provides useful information that could help you address some barriers to sustainable initiatives: Every executive that you speak to is aware that data can be manipulated and may be skeptical of studies conducted by organizations that could benefit from a particular set of results. So I've included information on independent third-party studies. In challenging economic times, people are particularly concerned about short-term cash flow.

Urban Efficiency: A Global Survey of Building Energy Efficiency Policies in Cities

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English
Authors:
Tomoko Takagi,
Ryuichi Horie,
Gregory Trencher,
Yuko Nishida,
Kaoru Nakanishi,
Kanako Okano,
Zoe Sprigings,
Shannon Lawrence,
Eric Ast,
Cristina Paula Miclea,
Peter Graham

A Global Survey of Building Energy Efficiency Policies in Cities is a resource for city officials around the world as they design new policies for building energy efficiency, or review existing ones. The research should help close the evidence gap regarding city-level activity in building energy efficiency. As such, it is designed to be accessible to those working in the field in general, including researchers.

From Brown to Green: SUSTAINABLE BUILDINGS IN LEGACY CITIES

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Authors:
ROBERT SIMON,
EUNKYU LEE

The research examines the installation of sustainable (green) property development, typified by Leadership in Energy and Environmental Design (LEED) certification in legacy cities in comparison to non-legacy cities. According to the Environmental Protection Agency (EPA), green buildings represent resource-efficient models for construction and operation that are designed to use fewer resources and generate less pollution.

Improving the economics of building energy code change: A review of the inputs and assumptions of economic models

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English
Authors:
Stephen Berry,
Kathryn Davidson

Building energy code change in Australia, and many other developed nations, is subject to standardised economic tests, with a net present value calculation at the heart of the economic analysis. Although many nations have introduced minimum energy efficiency standards for residential and commercial buildings, increases in stringency have been hindered by limitations to the range of private and societal impacts typically incorporated in regulatory impact assessments.

Saving energy is not easy: An impact assessment of Dutch policy to reduce the energy requirements of buildings

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English
Authors:
Kees Vringer,
Manon van Middelkoop,
Nico Hoogervorst

The Dutch Government stimulates the application of energy efficiency measures to reduce the energy requirements of buildings, which are responsible for about 20% of the Dutch CO2 emissions. For our assessment, we followed a qualitative approach, due to a lack of data. We reviewed the mix of policy instruments and used stakeholder surveys and interviews. We found that energy use is not very likely to decline fast enough to achieve the Dutch policy targets for 2020. For new buildings, the policy mix works well, but its contribution to the policy targets is limited.

BUILDING A GREEN NEW YORK: Construction Unions and Community Alliances

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Authors:
James Nugent,
Maria Figueroa

This chapter examines the experience of construction unions and community organizations as they enter into strategic alliances to create new markets in energy efficient systems. I focus on two recent policy initiatives: PlaNYC for the retrofitting of public and commercial properties in New York City, and Green Jobs/Green New York (GJ/GNY) for the retrofitting of non-commercial residential properties in the rest of the city and the state.

Focused acceleration: A strategic approach to climate action in cities to 2030

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Authors:
Desiree Bernhard,
Michele Bertoncello,
Alex Brotschi,
Lia Cairone,
Ricardo Cepeda-Márquez,
Robert Cervero,
Flavio Coppola,
David Craven,
Andrea Fernandez,
David Frankel,
Bhavin Gandhi,
Anna Gressel-Bacharan,
Clare Healy,
Max Jamieson,
Laura Jay,
Sean Kane,
Kate Laing,
Nicholas Laverty,
Julia Lipton,
Timo Möller,
Eric Morden,
Jesse Noffsinger,
Dickon Pinner,
Angelos Platanias,
Matt Rogers,
Josh Rosenfield,
Caterina Sarfatti,
Lucila Spotorno,
Zachary Tofias,
Andreas Tschiesner,
Helga Vanthournout,
Amy Wagner,
Caroline Watson,
Jonathan Woetzel,
Katherine Wolosz,
and Hong Xia

There is now widespread recognition in the international community that the commitments made by national governments under the Paris Climate Agreement in 2015 cannot be achieved without concerted action by cities. Fortunately, many mayors have shown strong commitment to tackling climate change and a willingness to collaborate to achieve this goal.

Best Practice Policy and Regulation for Low Carbon Outcomes in the Built Environment

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English
Authors:
Philip Harrington,
Virginia Toller

This study compares and contrasts Australian and global best practices in policy and regulation for the energy and carbon performance of the built environment. It examines the drivers and opportunities for, and barriers to, the adoption of best practices in Australia. Finally, and as a stimulus to debate, it proposes a potential set of optimal measures, at national, state/territory and local levels, along with an indicative pathway for their implementation.

How to reduce household carbon emissions: A review of experience and policy design considerations

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English
Authors:
Xiaoling Zhang,
Yue Wang

Global warming and environment problems caused by the excessive emission of greenhouse gases (GHGs), along with rapid economic development has attracted the attention of many countries and regions of the world. Reducing GHG emissions is essential to mitigate the threat of global warming. Household carbon (dioxide) emissions have been recognized as one of the most important contributors to climate change, with a significant impact on both the local and global environment, and various policy instruments have been implemented by governments to bring about the reduction.

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