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Understanding green buildings as a business case

Author: 
Naga Vaishnavi and Sruthi Reddy
Subject Area: 
Physical Sciences and Engineering
Abstract: 

The rising environmental concern in response to global warming is drawing people’s attention to seek sustainable or green solutions. Extensive emissions of greenhouse gases (GHGs) are from the energy use in buildings which in turn marks the real estate industry as a significant contributor to global warming scenario. The environmental benefits of green buildings have been firmly established, but the awareness that green buildings deliver a range of compelling financial and social benefits is not well established. Largely, in cases of green building development, developers face a major challenge regarding the increase in construction costs. Thus they find it intricate to go for green buildings due to cost restraints and complexity in sourcing green building materials, technologies and service contributors or facilitators in India. This research attempts to understand and find solutions to these problems.

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