Value Beyond Cost Savings - Green Building Finance Consortium

Appendix FSustainable Property Financial Analysis AlternativesAnalysis/Model Description/Commentary Key Links/Examples• Reduce air pollution• Reduce waterpollution• Increase biodiversity• Reduce soil erosion• Reducedeforestation• Reducedesertification• Preserve ozonelayer• Reduce drought riskPower the equivalent of 10% of homesHeat the equivalent of 30% of homesRun the equivalent of 10% of carsRecover clean, usable waterLimit tax increaseshttp://www.cd.gov.bc.ca/ministry/whatsnew/IRM.htmThe Organization for Economic Co-operation and Development (OECD)has published a 2005 reference manual entitled “Strategic WastePrevention.” As part of its on-going efforts towards assistinggovernments with actions that support increased resource efficiencyand sustainable development:http://www.olis.oecd.org/olis/2000doc.nsf/LinkTo/NT00001066/$FILE/00081387.PDFConstruction & Demolition (C&D) Waste Diversion: This report presentsa calculation of the economic impacts of C&D waste diversion for bothnew construction and for renovations of existing buildings requiringdemolition. The report includes a calculation of public (environmentaland tax) benefits associated with an additional 25% in C&D diversionequating to a $0.03/SF benefit for construction only and a $0.14/SFbenefit for construction preceded by demolition. This is not a presentvalue calculation. See, “The Costs and Benefits of Green Buildings,”Gregory Kats, October 2003, pp 47-53 and Appendix H:http://www.cap-e.com/ewebeditpro/items/O59F3259.pdfMany of the sources cited in the text and covered in other parts ofPublic Benefits provide additional detail on analyzing Environmentaland Resources Conservation Benefits.3. Land-Use Benefits• Preserve openspace and naturalhabitat• Protect agriculturalland and economicdiversity• Maintain vibrantLand-use benefits analyses attempt to quantify public benefitsassociated with reduced traffic congestion & air pollution, andpreserving open-space & natural habitat, protectingagricultural lands and keeping urban areas vibrant.Examples of the types of issues that a land-use benefitsfinancial analysis might consider include increased workerproductivity due to shorter commute distances, reduction onquality of life as a result of the loss of open-space, tax revenueloss as a result of a decrease in the amount of productiveThe Green Communities Criteria Checklist and Manual provide adetailed listing of criteria for sustainable housing developments with aparticularly good assessment of site location and related issues.http://www.greenbuildingfc.com/Home/DocumentDetails.aspx?id=1072The Holland Barrs Planning Group authored “Playbook for GreenBuildings and Neighborhoods - Strategic Local Climate Solutions”. ThePlaybook presents tools that cities and counties can use to takeimmediate action on climate change through: Green building, greenneighborhoods, and sustainable infrastructure.250