Wednesday, December 7, 2011

Think Buildings: At the Vanguard of the Green Economy

Jason Hartke
Vice President, National Policy
U.S. Green Building Council

Cross-posted from GreenSource's The Green Source: A Blog of Sustainable Building

One of the bright spots at this COP is the work being done to quick start funding for the Green Climate Fund, which was one of the most significant outcomes from last year’s COP in Cancun. The idea is to create and grow this Fund to $100 billion a year by 2020, which would support climate mitigation and adaptation measures. As you can imagine, delegates are negotiating intensely through the end of the week to determine how to best and most fairly finance this fund, including opportunities to leverage private sector investment.

Of course, maximizing these investments will be essential (start thinking buildings).

Sarah Rushmere of the Green Building Council of South Africa helps spread the word about the global climate change impact of buildings.

Among all sectors, in all countries, and at all cost levels, the building sector represents the greatest and most cost-effective reduction potential, according to UNEP.

But what does that mean? It means that if we were to identify the critical path to clean energy, greater energy security, and more resilient communities (i.e., the building blocks of a green economy), we would start with buildings. This simple, but profound message is getting through here at Durban.

And the proof is widely represented at COP17, from the 1.7 million square feet of LEED projects certified each day, to projects like the Cato Manor ‘Green Street’ effort led by the Green Building Council of South Africa, and to the climate solutions implemented in cities around the world. We learned yesterday that of the more than 4700 climate change actions taken by the C40 cities since the organization’s formation in 2005, 30% of them are building related.

Simply said, green building solutions offer us the largest, cleanest, cheapest, safest way to reduce greenhouse gas emissions.

Buildings, which represent more than a third of the world’s energy use and associated carbon emissions, are not only the largest opportunity for emission reductions but also the most cost effective. In fact, of all the cost-neutral reduction opportunities across all sectors identified by the IPCC, 90 percent of them came from the reduction measures in the building sector.
As shown in the graph above, developing countries represent the greatest opportunity for reductions, underscoring the need for an international effort to rapidly enhance sustainable building practices in such countries and to capitalize on this emission reduction potential.

This is the fundamental message of the GLOBE Alliance, a broad-based international action network of nearly 40 environmental, business, industry, financial, faith-based, academic and community organizations around the world who share a commitment to advocating for sustainable building practices as a key strategy for combating climate change.

As we’re finding in the U.S., paid from savings mechanisms used in green retrofit programs offer unprecedented opportunities to save energy in buildings, increase comfort and valuation, while avoiding any first costs. Recently, Greg Kats found that we could see a fivefold increase in annual energy efficiency financing from $20 billion to $150 billion by ramping up these types of financing strategies.

Later today, I’ll be moderating a side event at the U.S. Presence Center to sharpen that message for international delegates. The session features success stories from green building leaders across various platforms. From the private sector, we’ll hear from Institute for Energy Efficiency at Johnson Controls and the Center for Energy Efficiency and Sustainability at Ingersoll Rand. We’ll also hear about government leadership from the Obama Administration and its Better Buildings Initiative, from India’s Bureau of Energy Efficiency, and ICF’s collaborative work to advance energy efficiency in Indonesia.


  1. Excess of building might have negative impact on climate around us..

  2. Selective Financial Services seeks to finance your green renewable energy projects including improvements of breeze, solar power, biodiesel, ethanol vegetation, and public solid waste to power, geothermal power, wave power and more. We have know-how and experience in investment positioning for natural energy sources and power improvements. We are environmentally responsible and provide financing and funding renewable green energy developments projects for a cleaner, sustainable future.

  3. Do you seek funding and the bank you deal with on a day to day basis has refused to help you?

    You might qualify for our new concept and get funded with our help.
    Our focus is on socially responsible, green, energy producing projects. The facility is however not limited to these basics, as long as you have a strong management team, a viable business plan, and exceptional growth potential. We also enable finance for growth and consider any commercial business with the potential for a high ROI already within the first year. And we can work with any legal financial transaction offering an above average return on investment.
    If your requirement is within these basics, please let us have your answer to this simple question: "Would your own bank provide you with finance, if we guarantee for your loan through Deutsche Bank?"
    If you see chances to get funded on that basis, then you should tell us how much money you seek. We will engineer a solution for your immediate funding requirement and explain how you can put this concept to work for you.

    Send an email directly to now and visit

  4. You might qualify for a new government solar rebate program.
    Find out if you qualify now!

  5. Simple trick to cut your power bill by 75% - DIY HOME ENERGY.

  6. I have an excellent provider of BG, SBLC and Loans, he has provided BG for many companys and my clients successfully.
    For all inquires Contact:
    Mr Ronald Rajnesh Gounder

  7. Dear Sir,

    We are direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease, our bank instrument can be engage in PPP Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer or get involved in chauffeur driven offers.

    We deliver with time and precision as sethforth in the agreement. Our terms and Conditions are reasonable, below is our instrument description.

    The procedure is very simple; the instrument will be reserved on euro clear to be verified by your bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the Bank Guarantee will be paid after the delivery of the MT760,
    Description OF INSTRUMENTS:

    1. Instrument: Bank Guarantee (BG/SBLC)
    2. Total Face Value: Eur/USD 5M MIN and Eur/USD 10B MAX (Ten Billion EURO/USD).
    3. Issuing Bank: HSBC Bank London, Barclay's bank London,Credit Suisse and Deutsche Bank Frankfurt.
    4. Age: One Year, One Month
    5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
    6. Delivery: Bank to Bank swift.
    7. Payment: MT-103 or MT760
    8. Hard Copy: Bonded Courier within 7 banking days.

    We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me.

    kelvin Brigth
    Phone: +447031956543