Investment in Sustainable Features Recognised

[greenbuild]

Valuing the changes - Will investment in sustainable features be recognised in market value. In Proceedings Affordable Sustainable Housing, Australian Green Development Forum, Brisbane.
Copyright 2007 The Authors Accessed from http://eprints.qut.edu.au

Valuing the Changes - Will Investment in Sustainable Features be Recognised in Market Value?

(1) Introduction
Sustainability has rapidly evolved as a key issue within the development and use of the urban, built environment. Due to its emergence over such a short period of time, most efforts have been directed at exploring and offering suggestions on physical issues such as energy usage, design and operational solutions. The suppliers of new product into the market –
developers, architects, builders, building product suppliers, etc can be justifiably proud of the achievements to date.

However, more research and development is needed within all areas of production that will refine the products further and we need better ways to refurbish existing stocks. Nevertheless, the built environment sector has demonstrably achieved more in addressing the issues of sustainability compared to manufacturing, mining, primary production or the services sector in general. Sustainability is now a mainstream “pressure point” for all of those sectors, none more so than the built environment given that, for example, they
are responsible for 40% of all energy consumption and 40% of all atmospheric emissions (AGO 1999).

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