CLIMATE CHANGE, GREEN BUILDINGS AND INDIA

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    CLIMATE CHANGE,GREEN

    BUILDINGS AND INDIAClimate change is a global threat and action must be taken at multiple locationsacross the globe to minimize the contribution to climate change. Action is required

    everywhere especially given the fact the communities that contribute the least are

    the most vulnerable to the impacts of the same. Also these communities are least

    equipped to take mitigation and adaptation measures.

    Worldwide, buildings use 32 per cent of the world's resources in construction. They

    are responsible for around 40 per cent of global energy use and generate up to 30

    per cent of global GHG emissions. Given the rapid development especially in the

    developing world, building sector is going to be key source both in the creation andoperation phase of the building. Taking this into consideration and the fact that

    efficiencies can be gained in this sector, the United Nations Environment

    Programme (UNEP) has stated that no other sector has such a high potential for

    drastic emission reductions, and the Intergovernmental Panel on Climate Change

    (IPCC) has identified that buildings offer some of the most cost effective and

    expedient ways to reduce GHG emissions.

    GREEN BUILDINGS

    The building sector has enormous untapped potential for emissions reduction and

    presents the least cost abatement opportunity. It is important to support energy

    efficiency and emission reduction programmes in the building sector by recognizing

    them as a Nationally Appropriate Mitigation Action (NAMA) and reforming the

    Clean Development Mechanism to improve energy efficiency and reduce correlating

    GHG emissions at the lowest average CO2 abatement cost relative to other sectors.

    Green buildings achieve this and also do more than deliver a smaller carbon

    footprint. Green Buildings can deliver rapid and cost-effective reductions to

    emissions and energy consumption with a significant percentage realising positive

    returns to the global economy.

    SCENARIO IN INDIA

    The construction industry in India has been growing at an astounding rate of 10%

    per annum over the last ten years. As of August 2010, a total of 703 green building

    projects across the six climatic zones of the country covering over 438 million sqft

    are registered with India GBC, of which 112 green buildings have been certified.

    In 2009, there was close to 200 million m2

    of built office space. This number is

    expected to grow even further by over 70% by the year 2030 (890 million m2). If the

    Energy Conservation Building Code were to be fully implemented, the overall energy

    consumption from new commercial buildings could be reduced by 25-40%. Even in

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    the existing commercial buildings, retrofitting to standards can reduce the energy

    consumption figure by around 25%.

    REFERENCE

    A World Green Building Council Special Report, September 2010. The report ispublished by World Green Building Council for World Green Building Week, 20-

    26 September 2010

    UNEP, 2007 Assessment of policy instruments for reducing greenhouse gasemissions from buildings

    Construction Industry Development Council, India. India Country Report, 2005-06

    Architectural Curriculum in India (2008) Background Paper (Draft). Available at:http://www.eco3.org/downloads/007-Education%20Curriculum/

    Architecture%20Curriculum%20Background%20Paper.pdf

    Hong, W., Chiang, M., Shapiro, R., Clifford, M. (2007) Building Energy Efficiency:Why Green Buildings Are Key to Asias Future Asia Business Council, Hong Kong

    Agenyas analysis

    ABOUT US

    Agneya Carbon Ventures came into existence with the purpose of To help our

    clients in understanding, establishing sound Environment Management Systems,

    and pursuing sustainable business solutions through our various services to abate

    direct and indirect impact on ecological balance.

    We have worked with companies across sectors enabling them to create carbon

    accounting, monitoring and reporting systems. We have expertise in the areas of

    carbon accounting and management, energy management systems,

    voluntary/compliance carbon markets, environment management and sustainability

    and carbon branding.

    To know more about us, please visithttp://www.agenya.in

    To schedule a meeting or a discussion with us, do reach us on

    Kedar - [email protected]

    Indrajeet - [email protected]

    http://www.agenya.in/http://www.agenya.in/http://www.agenya.in/mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]://www.agenya.in/