BUILDINGS: a powerful way to mitigate climate change

By: Maria M. Hernandez

LEED AP ID+C

The future looks promising and healthier, thanks to the treaty made by world leaders at the 21st conference of the United Nations, COP21, where they agreed to reduce emissions of greenhouse gases, thereby holding the increase in average temperature to well below 2°C which will reduce the risk and impact of climate change. The fate of our planet and humanity is already in the political framework. Now is the time to respond to the urgency to make a positive lasting impact.

UNDERSTANDING THE URGENCY:

To unlock the opportunities of the 21st century economy, we must understand the urgency and challenges we are facing today. All the sectors present challenges, but the construction industry is one of the sectors with the greatest negative impact on Climate Change, which in turn contributes to large economic losses due to extreme weather events.

Globally, buildings are responsible for over 30% of global greenhouse gas emissions, which would double by 2050, if we take no action to correct it. In the USA, more than 40% of the total consumption of energy is consumed in the residential and commercial buildings. But at the same time, these buildings have a great potential for the reduction of greenhouse gas emissions which represents a great opportunity.

BUILDING’S HIDDEN VALUE:

Most buildings in the USA have been built without considering the impact of energy use on the environment. As many as  72% of the buildings constructed in the USA are completely outdated and inefficient. As a consequence, we waste billions of dollars in energy, causing a tremendous burden on the environment and climate change. By transforming these buildings into high-performance ones, their owners would benefit from the hidden value of its assets.

The Rockefeller Foundation and Deutsche Bank Climate Change Advisers found that improving the efficiency of those buildings just by 30% with an initial investment of only $279 billion dollars would result in $1 trillion dollars of energy savings over 10 years, yielding a return on investment of 358% in a decade.

Now investors are coming to understand that improving performance of the buildings is not only good for the environment, but also a sustainable investment opportunity that creates millions of jobs, billions of dollars in waste savings and revenue potential focused on solutions to climate change.

GREEN BUILDINGS:

After the meeting in Paris, the U.S. Green Building Council (USGBC) will commit to scaling green buildings to more than 5 billion square feet (478 million square meters) over the next five years through the LEED and EDGE green building rating systems. It is predicted that by 2018, the construction of Green Buildings will represent a positive impact not only to the environment but also for the creation of 1.1 million jobs producing $75.6 billion in wages. On the other hand, the positive impact on the environment will reflect in $1.2 billion in energy savings, $149.5 million in water savings and $54.2 million in savings from waste.

2016 TIME TO LEAD!

With the recent international agreement on Climate Change (COP21), the timing could not be better to aspire and commit ourselves to a sustainable new year to ensure the success and well-being of humanity. Climate change is the challenge of the 21st century but also the greatest opportunity for the global low-carbon Economy that will pave the way to the growth of green building, renewable energies and new efficient technologies. In 2016, the United States, must lead the way for the building sector transformation as a key solution to combat climate change, with this though I invite all building owners to be part of this major profitable transformation.

For consultation about building transformation, Corporate Social Responsibility, LEED Certification, please send an email to: floridaleedap@gmail.com .