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THEME PAPER


              and productive environment,     reuse; promoting health and     science/story/world-water-
              decarbonising       buildings   wellbeing and creating win-     day-2019-water-crisis-india-
              presents enormous business      win situation for owners,
              opportunity    estimated   to   occupants,      communities     International  energy Agency;
              be approximately USD 24.7       and     nations.   However,     Towards a zero-emission,
              trillion by 2030 (IFC, 2019).   decarbonising       buildings   efficient   and      resilient
              Decarbonising       buildings   would    require   dedicated    buildings and construction
              also remain fully aligned       policy framework, besides       sector; Technology Report;
              with the SDGs, because          greater         collaboration   July 2020
              such buildings  not only        among      policy    makers,
              reduce/eliminate     negative   urban planners, architects,     McKinsey Global Institute:
                                                                              India’s  Urban Awakening:
              impacts of building, but also   developers, investors and
              promotes sustainability and     construction      companies.    Building   Inclusive   Cities,
              increased  bio-diversity.  Such   Considering        massive    Sustaining Economic Growth,
              buildings are also known to     urbanisation and growing        Report April, 2010
              offer numerous economic/        needs of built environment,     Sharpe Tim; The Role of
              financial benefits in terms     India must immediately put      Building Users in  Achieving
              of; lower operational  costs;   in place an effective/efficient   Sustainable Energy Futures;
              increased occupancy rates;      policy framework to retrofit    October 3,2012
              command 7% higher premium       the existing buildings and
              in value over traditional       make all new buildings  net-    Woolliams Jessica; Planning,
              buildings; recording 101%       zero carbon by 2050, on the     Design   and    Construction
              increase in cognitive scores,   pattern suggested by World      Strategies for Green Buildings;
              curing insomnia  sleeping 46    Green    Building    Council,   British Columbia Buildings
              minutes more per night with     to achiever the goal of         Corporation    Ministry    of
              8% increased productivity.      “Sustainable India”.            Finance    and     Corporate
                                                                              Relations;  July, 2001,  http://
              Decarbonising buildings offer   References
              best option for achieving                                       www.greenbuildingsbc.com
              global   SDGs;    addressing    Asian Development Research      World     Green    Buildings
              climate   change;    creating   Institute-India  Water  Facts-  Council; What is a Green
              sustainable/         thriving   https://www.adriindia.org/      Buildings;     https://www.
              communities;          driving   adri/india_water_facts          worldgbc.org/what-green
              economic growth ensuring        Dick Greg; Green Building
              environmental, economic and     Materials; October 18, 2019     All images used in the text are
              social  benefits;  minimising                                   sourced from yahoo. Search;
              waste     and     maximising    https://www.indiatoday.in/      which are acknowledged


















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