Green Buildings Certifications and Sustainable Financing, What is needed?
Information
Registration Information:
To register for this course - please reserve your seat for the "Sustainable Finance in the Built Environment Summit" located in the Greenbuild agenda.
Registering for the session holds your seat in the class until 5 minutes prior to the scheduled start time. At that time your seat in the session can no longer be guaranteed.
If a workshop or session is full, you will not be able to add it to your agenda; however, if you have the appropriate pass you will be able to enter the session on a first-come first-served basis 5 minutes prior to the scheduled start of the event so long as capacity has not been reached
Greenbuild staff at the entrance of the session have the ability to stop permitting entrance to the session when the room hits the set capacity.
Description:
Setting the context: This session delves into the intricate role of green building certifications in sustainable financing. It navigates the complexities of buildings across diverse markets and regions, acknowledging the increasing difficulty in holistically quantifying the impact of financing green buildings. The session provides an in-depth exploration of the current landscape of sustainable financing for green buildings. It offers insights from various regions and issuers, shedding light on the multifaceted nature of this field. The challenging impact metrics: A key highlight of the session is the discussion on the current reliance on green building certification as an eligibility criterion for financing green buildings. While this approach provides a streamlined process for investors and financing institutions alike, it lacks holistic, tangible and quantifiable impact metrics that capture both the environmental and social factors. This limitation often leads to an inadequate representation of the real investment value in green buildings, a critical issue that the session aims to address. Taking the lead: The session concludes with a call to action for green building certification bodies. It emphasizes their responsibility to take the lead in communicating the expected – and ultimately the actual – impact of the certified buildings. By establishing transparent and robust impact indicators that consistently and comparably cover various domains, such as carbon reduction, energy and water savings, climate risk mitigation, and occupant well-being. These bodies can bridge the gap between certification and long-term impact of green buildings. This step is crucial in ensuring a more accurate representation of the value of green buildings, ultimately leading to more sustainable financing practices and enables investors and financiers to make more informed and responsible decisions. Join us as we unravel the complexities of green building certifications, their role in sustainable financing, and explore potential solutions to the challenges faced in this domain.