The review of policies being implemented in China, the EU, India and the US presented in this report has also identified some key challenges that we must address if we are going to realize the mitigation potential of the building sector. Chief among these is the need to improve our monitoring of the impact that our policies are having. Lack of measured and verifiable data on the influence of policies on building energy performance currently hampers our ability to assess and continuously improve their effectiveness.

Cost savings from efficiency gains are at the core of the green building business case. Significantly lower energy bills are said to be a major factor in the green rent premium observed in earlier studies. Our study tests this relationship by inferring energy costs from operating expenses for a large dataset of U.S. office buildings and relating them to rental rates. We find that eco-certification is associated with a higher than anticipated total energy expenditure, which is the opposite of its expected effect.

On an average, India has more than 3000 Cooling Degree Days (CDD). The multifamily public housing being constructed under India’s Prime Minister Awas Yojana (PMAY) is aimed at providing formal housing to the society’s Economic Weaker Section (EWS). It is essential that this housing delivers thermally comfortable in-doors to the occupants. This study mapped the design and construction practices followed under PMAY Urban (PMAY-U) against India’s Residential Energy Building Code, Eco Niwas Samhita (ENS). The metric prescribed in ENS is Residential Envelope Transmittance Value (RETV).