Introduction Green building has come forth over the past decade as a positive movement to produce high-performance, energy-efficient structures that improve comfort and health for resident, meanwhile, minimizing environmental impacts. Nevertheless, a common sense that green features is expensive and not suitable for affordable housing. Recent studies are showed that green buildings have a modest initial cost premium, but the long-term benefits far exceed the additional capital costs. For this report, I will introduce a financial analysis -Net Present Value (NPV), and discuss the impacts of NPV analysis for green affordable housing.
The beginnings of today's green revolution can be traced back to the environmental awareness of the 1960s and European design. New construction techniques have lead to the development of innovative materials and design concepts. Green buildings are designed, constructed and commissioned to ensure they are healthy for their occupants. Successfully designed green projects can involve an extensive array of factors, ranging from the resourceful use of materials, to careful consideration of function, climate, and location.
LEED, or Leadership in Energy & Environmental Design, is a certification program for green buildings with stringent requirements for building energy efficient and environmentally responsible structures. Some requirements of this program include specific building materials, smart grid capable, gray water reclamation systems, green space minimums, high levels of insulation and low thermal transfer glass (US Green Building Council). Green buildings are a must if we are to sustain our current level of growth. Despite the higher initial cost of these buildings, the long term energy savings make these buildings a smarter choice for
Sustainable design seeks to reduce negative impacts on the environment, the health and comfort of building occupants, thereby improving building performance. The basic objects of sustainability are to reduce consumption of non-renewable resources, minimal waste, and create healthy, productive environments (“Sustainable Design”). Focusing primarily on the sustainable design principles, there are five, including: low-impact materials, energy efficiency, quality and durability, design for reuse and recycling, and renewability. As sustainability appears to become the necessary trend in architecture, the question concerning the cost versus outcome of “going green” really an investment or a waste of time and money comes to mind. With our research provided below, we believe the expenses may truly be with the investment in the end.
There are many definition about green building no matter from which side of the building or its functionality. In general, green building is a sustainable building or is a building that provide a healthy space for their occupants to enable them to chase intrinsic happiness. The idea of 'Green' is to preserve and conserve the important habitats to keep life and become the net producer and exporter of resources, materials, energy and water rather than become the net consumer. Green Building is buildings where the construction and its life operation can ensure maximum healthy environment beside being the representative to the most efficient building and least intruding the use of land, water, energy and resources. Taking the definition from WHO (World Health Organization), sustainability of a building can be detailed from two perspective; health performance which is the influence rate from factors to the occupant's health, and the second perspective relates from the stage of physical performance for the buildings.
Globally, green buildings are being recognised and accredited, leading to the introduction of various tools and indices with one common objective that is to evaluate, measure, distinguish and sets apart this uniquely designed buildings from the rest. The Diamond Building carries a Green Building Index (GBI) accreditation, a first in Malaysia. Among the achievement of the ST Diamond Building are:
Building Research Establishment is an independent and impartial, research-based consultancy, testing and training organisation, offering expertise in every aspect of the built environment and associated industries. One of its services is the provision of a free online database, Green Book Live, designed to help specifiers and end-users identify products and services that can help to reduce their impact on the environment. Green Book Live brings together listings from a number of organisations and delivers comprehensive information on 'green' products and service...
My objective with this study is to determine why there are only few of the recent building which are design and retrofitted in Europe and UK made to be sustainable. Sustainable development is seen as an issue that has rapidly come to affect property development and will continue to do so over the foreseeable future (John, Michael and Miles, 2009). This asserts a big question - really how are these sustainability issues affecting property development?
In this paper, I consider an effect of green roofs – its mental and spiritual impact on health of residents living in urbanized area.