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Recession is the best time to go Green

09 Sep

Michael Bloomberg, Mayor of New York City and Chair of the C40 Cities
Climate Leadership Group (C40) says- “For the first time in history, half of the world’s people live in cities and together are responsible for more than 70 percent of the world’s greenhouse gas production. Collectively, the C40 cities account for approximately 21 percent of the global Gross Domestic Product. Roughly 12 percent of the world’s carbon emissions are produced in our metropolitan areas. And nearly one of every 12 people on Earth lives in or near our cities’ limits.Granted there is no single solution for confronting global climate change. Still, the best scientific data tells us that it is long past time to address this challenge, and that cities must lead the way. This report represents a critical first step in our leadership – as individual Mayors and as a collective – towards a common, sustainable future.” C40 cities report city-wide GHG emissions totaling 609.5 million* metric tons CO2-e. This figure is equivalent to the total emissions from a country like Canada.

World over there is a slump in the Realty market. With many a nations almost folding over in Europe and the US yet to recover form the disaster of 2008, there are many who would want to toss the wisdom of Environmental concern for short-term (disastrous) gains, in almost all sectors of business.The conventional “wisdom” prevails over more slower yet saner approach. In this context when the exponents of Green Building try to move their agenda forward, all they get is a patient hearing. And it more often than not, ends there.

As per Nielsen Report on Sustainable Efforts & Environmental Concerns Around the World -“There are many possible reasons for declines in concern about climate change/global warming. Focus on immediate worries such as job security, local school quality, crime and economic well-being have all diminished media attention for climate stories in the past two years. In the face of other pressing concerns, a public “caring capacity” for climate change has been tested,” said Dr. Maxwell T. Boykoff, Senior Visiting Research Associate, Environmental Change Institute, University of Oxford. “Without continued attention paid to global warming/climate change in the media, such concerns may have faded from the collective public conscience.”

So when consultants who wants to promote as President Barak Obama says – “Better Building Initiative” not many takers are available.This is happening because while Governments all around are good at providing  lip service to Global Warming & Climate change, strong policy decisions are not being taken. Now it is also a well understood fact that should one choose to do an Energy Efficient Building -‘Green’ Building as it is popularly known, up to 20% CAPEX; 20% OPEX & 20% GHG can be reduced. This is something which even the Indian Green Building Council (IGBC), the Green arm of the Confederation of Indian Industries (CII) and compatriot of LEED – United States Green Building Council;  too agrees.

It is also a well known fact that 40% of GHG emissions and 60% of waste which is detrimental to our Ecosystem comes from Buildings or building related works.So there is clear & present danger. This danger must be addressed by all who understand the Environment Impact in our daily lives.

Now having these above numbers it makes enormous sense that during recession one must adopt the practice of making more Energy Efficient Buildings. Whether they follow the matrix set out in LEED rating system or India’s National rating GRIHA is more a matter of choice. A cheaper building a better living standard would almost always reduce expenditure in areas of   Safety,Health & Environment.

India which strives to be a Global player is as usual set to miss the bus, while Brazil & South Africa have taken the lead in taking the initiative for the C40 Cities for CDP, India has not and is in the same boat as China. For India it would be better to pursue the Environmental policy vigorously because of some fundamental reasons, the most important being that while the world was in turmoil in 2008 India was not greatly affected. This gives it the chance to become a leader in the Renewable Energy space by creating policy both at the power plant level but most importantly at the tail end level of roof-top RE. With the Indian people still woefully short of basic needs like Electricity & Water, having a strong Environmental policy and effective implementation of Green Building measure would keep India in good stead in every sense of security and prosperity a Country requires.

 

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