Wednesday, 31 October 2012

Importance of understanding lock-in effect in Emerging Markets

In terms of impact, in developing countries such as China, India, Indonesia and Sub-Sahara Africa where building growth is around 4-5%, over time the population of ‘new buildings’ that conform to the green buildings regulation will be as,  if mot more, significant as the current existing buildings stock. If we don't construct efficient building today we could end up with white elephants of infrastructure in the future, much like what we see in developed counties such as USA and Europe. 

2 comments:

Nick Grant said...

Nice graph. What worries me is that imposing 'Eco-building' standards such as LEED or BREEAM doesn't guarantee lower energy use. Curious to know what 'green building regulations' are emerging in developing countries. Great opportunity to learn from our mistakes and do it better.

Nick

Prashant Kapoor said...

I have been thinking about the need for minimum energy efficency standards for awhile too. See: http://prashkapoor.blogspot.com/2007/07/obituary-passive-solar-architecture.html

Perhaps EDGE can bridge the 'gap' between Ineffective standards and regulations. See: www.ifc.org/edge

Time is running out...