Is industry fragmentation blocking the path to net-zero energy buildings?

(Eco Business, 16 Sep 2019) Buildings account for a whopping 39 per cent of the world’s energy-related carbon emissions. The best way for the built environment to shrink its carbon footprint is for the industry to work together to find sustainable solutions.

The World Green Building Council (WorldGBC) has just over a decade to realise its vision for all new buildings to be net zero carbon by 2030.

By 2050, the industry body working towards a more sustainable future for the built environment wants to achieve the same for all buildings, old or new.

The biggest barrier to net-zero buildings is still cost, said WorldGBC’s former chairman Tai Lee Siang, who is now executive director of the Singapore Building and Construction Authority’s (BCA) BuildSG, which focuses on the industry transformation map of the built environment sector.

The sums work out. But the problem lies with fragmentation in the sector, said Tai at International Built Environment Week, which took place from 3 to 6 September in Singapore.

A fragmented industry means that building firms that do not reap the benefits of energy efficiency drive their expenditure down and avoid investing in better equipment with higher upfront costs.

“If you have a handle on the lifecycle costing from design all the way to operations and end-of-life, it’s a no brainer to choose all the right technologies and the most sustainable practices,” said Tai on a panel session titled Making Net Zero Energy Buildings Work.

External link

Eco Business, 16 Sep 2019: Is industry fragmentation blocking the path to net-zero energy buildings?