Affordable Housing Investment Summit: Sustainable ... · Waste Urban Ecosystem Management Source:...

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Affordable Housing Investment Summit: Sustainable Affordable Housing

Transcript of Affordable Housing Investment Summit: Sustainable ... · Waste Urban Ecosystem Management Source:...

Page 1: Affordable Housing Investment Summit: Sustainable ... · Waste Urban Ecosystem Management Source: The State of African Cities 2014, Re-imagining sustainable urban transitions, UN

Affordable Housing Investment Summit:

Sustainable Affordable Housing

Page 2: Affordable Housing Investment Summit: Sustainable ... · Waste Urban Ecosystem Management Source: The State of African Cities 2014, Re-imagining sustainable urban transitions, UN

Table of Contents The green building movement in Kenya

The imperative for green building

Green building certifications

Green building materials

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Budding Africa’s green building movement

Source: www.worldgbc.org

Showing Interest

1. Botswana 2. Cameroon 3. Democratic Republic of

Congo 4. Ivory Coast 5. Libya 6. Nigeria 7. Senegal 8. Sudan 9. Tunisia 10. Uganda 11. Ethiopia

Established

Emerging

Prospective

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About Kenya Green Building Society

Who

Independent

Non-profit

Non-political

Member-based organization

“Emerging” status member of the World Green Building Council

What

Lead the transformation of the built environment in Kenya toward environmentally sustainable buildings

Build a green economy value chain

How

Advocacy

Education

Certification of green buildings

4

1. GREEN BUILDING MOVEMENT IN KENYA

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Structural and imposed barriers

Political will NDC*s toward COP21 targets

* Nationally Determined Contributions for Paris Climate Agreement at Conference of Parties 21 in 2015: Abate GHG emissions by 30% by 2030 relative to Business as usual scenario of 143MtCO2eq

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The opportunity in the built environment

Source: https://www.edgebuildings.com/green-building-market-intelligence-sub-saharan-africa/

2. THE IMPERATIVE FOR GREEN BUILDING

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Business case for building green

Design & construction costs

Operating costs

Risk mitigation

The report, “The Business Case for Green Building: A Review of the Costs and Benefits for Developers, Investors and Occupants,” examines whether or not it’s possible to attach a financial value to the cost and benefits of green buildings. Today, green buildings can be delivered at a price comparable to conventional buildings and investments can be recouped through operational cost savings and, with the right design features, create a more productive workplace. This report http://www.worldgbc.org/activities/business-case/ was produced in partnership with PRP Environmental along with the following sponsors: Skanska, Grosvenor, and the Abu Dhabi Urban Planning Council/Estidama. Source: www.worldgbc.org

By greening our built environment at the neighbourhood and city scales, the green building industry can deliver on large-scale economic priorities such as climate change mitigation, energy security, resource conservation and job creation, long-term resilience and quality of life.

There has been an overall trend towards the reduction in design and construction costs

associated with green building as building codes around the world become stricter, supply

chains for green materials and technologies mature and the industry becomes more skilled

at delivering green buildings

Green buildings have been shown to save money through reduced energy and water

consumption and lower long-term operations and maintenance costs. The energy savings alone typically exceed any cost premiums

associated with their design and construction within a reasonable payback period

Sustainability risk factors can significantly affect the rental income and the future value of real estate assets, in turn affecting their return on

investment. Regulatory risks have become increasingly apparent in countries and cities

around the world, including mandatory disclosure, building codes and laws banning

inefficient buildings

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Source: New Yorker Magazine

The business case for sustainability

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Building to outdated building codes & poor governance

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Impact of poor planning on our ecosystems

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Business As Usual

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Green Buildings Address Urban Planning & Resource Management Challenges in EA

Urban Governance

Slums & Informal

Settlements

Access to Services

Water & Sanitation

Energy

Waste

Urban Ecosystem

Management

Source: The State of African Cities 2014, Re-imagining sustainable urban transitions, UN Habitat

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Greenwashing

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Africa is yet to build out much

of the infrastructure for its growth

and can still do it sustainably

Source: http://blogs.worldbank.org/developmenttalk/night-lights-and-pursuit-subnational-gdp-application-kenya-rwanda

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Meanwhile, the desertification of Kenya is visible

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It starts with cities

Source: https://www.weforum.org/agenda/2017/09/this-is-how-the-worlds-smartest-cities-are-being-built/

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Source: https://www.weforum.org/agenda/2017/09/this-is-how-the-worlds-smartest-cities-are-being-built/

•Perfect Time for The arrival of the Internet of Things (IoT) – thanks to innovations in cheap sensor technology, big data, and predictive analytics – is making it possible to tackle all sorts of urban issues. • Integrating information communication

technology (ICT), into urban planning is the vision for smart cities

Smart Cities

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Affordable housing will never be affordable if it’s far from everything that matters

Source: http://zoningnews.tumblr.com/

Source: ITDP

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What is a healthy neighbourhood?

Source: HEALTH AND WELLBEING IN HOMES JULY 2016; UK Green Building Council

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Why build, lease or own green?

Source: World Green Building Council – The Business Case for Building Green, A Review of the Costs and Benefits for Developers, Investors, and Occupants

With so many drivers for green buildings at play, and many parts of the world still at the nascent phase of green building, there can be no doubt that the business case for green building will continue to evolve as markets mature. Green building is something that tenants, investors and policy makers will come to demand and expect over time – indeed we have already seen this momentum grow globally where in more and more places, green is now becoming the status quo.

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Risk Mitigation

Source: World Green Building Council – The Business Case for Building Green, A Review of the Costs and Benefits for Developers, Investors, and Occupants

Rental income decrease

Future value of real estate assets

Regulatory risks; mandatory disclosure, building codes and laws banning inefficient buildings.

Resilience to Extreme weather events and insurability to climate change

Changing tenant preferences and investor risk screening may translate into risk of obsolescence for inefficient buildings.

Sustainability represents an assortment of risks and possible rewards for real estate investors.

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Examples of green building strategies

Source: UN Habitat

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Business As Usual

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Solid and liquid waste management are increasingly dependent on offgrid non-governmental solutions

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Boreholes aren’t sustainable unless we recharge the aquifers

Source: http://www.thealternative.in/lifestyle/recharge-wells-and-why-we-need-them/ Source: http://www.thealternative.in/lifestyle/recharge-wells-and-why-we-need-them/

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Business As Usual

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Business As Usual

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Water Saving Techniques

Source: https://inhabitat.com/infographic-ten-tips-to-save-you-25000-gallons-of-water/

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Business As Usual

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What is a healthy home?

Source: HEALTH AND WELLBEING IN HOMES JULY 2016; UK Green Building Council

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Green Star green building rating categories – if it’s not certified, it can’t be objectively benchmarked

3. GREEN BUILDING CERTIFICATIONS

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Green Star green building rating categories – if it’s not certified, it can’t be objectively benchmarked, contd.

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LEED green building categories

Integrative thinking

Energy Water Waste

Materials Location &

Transportation Sustainable

Sites

Health & human

experience

Regional impacts

Innovation Global,

Regional, Local

Source: USGBC

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THE FREE SOFTWARE SHOWS HOW YOU CAN CUT BACK ON THE RESOURCE INTENSITY OF

YOUR BUILDING DESIGN. ________

Energy Water

Materials

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0.00%

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MEETS EDGE ENERGY STANDARD 39.3% Meets EDGE Standard

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FINANCIAL CALCULATOR No other certification system has free

software to calculate the cost of going green.

QUANTITATIVE APPROACH EDGE uses projected performance for a

uniquely measurable approach.

ONE-STOP SHOP Efficiency simulations are executed in EDGE and the

entire certification process can be conducted within the software.

PROJECT INTEGRATION Certification compliance can be achieved with

invoices, photos and a few architectural drawings.

LOCATION-SPECIFIC EDGE has climate and lifestyle data for the most

accurate results.

GREEN BUILDINGS FOR ALL Fast and affordable, EDGE makes

certification easy for everyone.

EDGE IS DIFFERENT FROM OTHER CERTIFICATION SYSTEMS.

________

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The manufacturing sector for the built environment needs to produce, consume, reuse and recycle responsibly

4. GREEN BUILDING MATERIALS

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Select green certifications for products

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EDGE : Adaptation groups used for classification of embodied energy in construction materials •Energy-intensive, high cost materials, such as aluminum, steel and glass.

•Both electricity and fuel sources used have a significant influence on the impact, as do the efficiency of the process and the use of recycled content. Group 1

•Fuel-intensive, lower cost materials, such as cement , bricks and kiln-dried timber. Fuel source and technology significantly affect the impact. Group 2 •Input-related products such as concrete blocks and gypsum –based products ,where the input materials such as cement & gypsum have the greatest effect on

impacts.

•Use of alternative raw materials such as ground granulated ballast furnace slags (GGBS), pulverized fuel ash (PFA) or flue gas desulfurized (FGD) gypsum has a strong influence over impacts.

Group 3

•Electricity-intensive, high cost goods such as flooring and board products. Electricity source and recycled content have the most influence on impacts. Group 4

•Low- cost, less-processed products such as aggregates, straw, etc. These materials are generally produced locally, with predictable production processes and lower impacts. Group 5

Ener

gy in

ten

sity

Source: www.edgebuildings.com

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Sample ABTs available in Kenya Group

Flooring Product Walling Product Roofing Product

1 Poly-vinyl chloride flooring

Expanded polystyrene Light gauge steel

2 Self-levelling epoxy Prefabricated modular units Hollow pot technology

3 Terrazo Precast concrete panels

4 Ceramic n/a

5 Red oxide Interlocking soil stabilised blocks (ISSB) Compressed agricultural fiber panels Prefabricated timber panels & buildings

Building integrated solar photovoltaic tiles Ekoboard (recycled tetrapak) Modroof roofing material

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Big 4 Agenda priority for affordable housing

Opportunity to unlock public and private land

Local and multi-national capital to deploy

Sovereign & corporate green bond for local currency green projects

Outdated building code

Tenure of title

Graft

Shallow skilled labour market

Poor state of bulk infrastructure

High dependency on imported building material

High interest rates

Highly inflationary land prices

Stakeholders, opportunities & challenges