Cost of energy efficient building highly overestimated by construction sector 27-08-2007 Property professionals highly overestimate the cost of constructing
energy-efficient buildings, by up to 300 per cent. A recent survey by the World
Business Council for Sustainable Development (WBCSD ) amongst 1,400 individuals
active in the property industry reveals that most property professionals assume
that energy efficient building means spending around 17 per cent more on
materials and construction. This is more than three times the actual extra costs
involved, according to the WBSCD. Building “green” is of great importance, since
buildings account for some 40 per cent of the EU's final energy consumption.
"Key players in real estate and construction misjudge the costs and benefits
of 'green' buildings, creating a major barrier to more energy efficiency in the
building sector," according to the WBCSD, a CEO-led grouping of 200
multinational corporations.
According to the study, among member states, Germany has the highest
involvement of building professionals in green building projects, followed by
Spain and France.
The Commission estimates that proper implementation of EU legislation to
improve energy efficiency in buildings "will permit a gain estimated at some 40
Mtoe (Megatons of oil equivalent) between now and 2020". But most member states
have delayed implementation of the Energy Performance of Buildings Directive,
citing a lack of professionals qualified to produce the building energy
certificates required by the Directive.
Source: EurActiv LinksVisit the WBSCD website Files back |


