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Is there a business case for building green?
April 5, 2013
Is there a business case for building green?
It is a question that is often asked in the building industry: Does green building pay off, and if it does, for whom? A new comprehensive report released from the World Green Building Council (WorldGBC) may have the answer to that question.
“The Business Case for Green Building: A Review for the Costs and Benefits for Developers, investors and Occupants” examines whether it’s possible to attach a financial value to the cost and benefits of green buildings. It argues that green buildings can be delivered at a price comparable to conventional buildings and investments can be recouped through operations cost savings ? and with the right design features, can create a more productive workspace.
Key findings of the report tackle design and constructions costs, asset value, operating costs, workplace productivity and health, and risk mitigation. The report concludes by illustrating that by greening our built environment at the neighborhood and city scales, the green building industry can deliver on a large-scale economic priorities such as climate mitigation, energy security, resource conservation, job creation, long-term resilience and quality of life.
Read more at GreenBiz.
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