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Mainstreaming high-performance buildings could deliver a 124% return on investment globally through building-related energy cost savings by 2050 says a new comprehensive assessment study of the costs and benefits of low energy building pathways published by the GBPN.
![[Report] Monetary Benefits of Ambitious Building Energy Policies-GBPN](https://gbpn.org/wp-content/uploads/2015/01/Report-Monetary-Benefits-of-Ambitious-Building-Energy-Policies-GBPN.png)
Mainstreaming high-performance buildings could deliver a 124% return on investment globally through building-related energy cost savings by 2050 says a new comprehensive assessment study of the costs and benefits of low energy building pathways published by the GBPN in cooperation with the Central European University’s Center for Climate Change and Sustainable Energy Policy (3CSEP) and Advanced Building and Urban Design (ABUD).
First adopted in 2007, and most recently renewed in 2015, New Mexico’s Sustainable Building Tax Credit supports the greening of many building types across the state. Released in October, 2017, this case study captures the impacts of this landmark policy and highlights the context and people that helped to create and sustain this nation-leading green building policy.
This is an example of LEED being used in an innovative tax policy across the United States and potentially serve as a tax model elsewhere.
In order to achieve long-term targets for energy savings and emission reductions, substantial savings will be needed from existing buildings. For example, a recent analysis for the USA examines aggressive strategies to cut carbon emissions in half by 2040 and finds that in order to achieve this emission reduction target, more than half of existing buildings will need comprehensive energy efficiency retrofits. Germany is targeting an overall primary energy consumption reduction of 50% in 2050 including increasing building renovation rate to 2% per year.
This report sets out the positive and negative impacts of improvements in energy efficiency in buildings that could come about through a recast of the Energy Performance Buildings Directive (EPBD). Successive studies have shown that energy efficiency offers many of the most cost-effective options for meeting global emission targets. In many cases, energy efficiency measures have been shown to be ‘negative cost’, meaning that it would be economically advantageous to implement them.
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.
