JAKARTA - The International Finance Corporation (IFC) and the Green Building Council (GBC) Indonesia has announced the findings of Measuring What Matters: Benefits of Green Buildings, a joint study on the benefits of green buildings.
The findings were conveyed in an exposure held at Greenhouse Coworking and Office Space in Jakarta, Wednesday (20/2). The event was attended by, among others, Ambassador of Switzerland to Indonesia Kurt Kunz, IFC Climate Business Department Global Head for Strategy and Business Development Marcene Mitchell, and GBC Indonesia Chairman Iwan Prijanto.
According to the study, which was conducted in cooperation with the Jakarta Municipal Government and the Swiss Secretariat for Economic Affairs, that nine green certified buildings in and around Jakarta yielded 30%-80% lower utility costs compared to standard buildings.
The nine green properties surveyed were The 101 Bogor Suryakancana Hotel in Bogor, The 101 Yogyakarta Tugu Hotel in Yogyakarta, Alamanda Tower in Jakarta, the Citra Maja Raya housing complex in Lebak, DUSASPUN Gunung Putri in Bogor, Ecoloft Jababeka Golf Serviced Townhouses in Bekasi, the Ministry of Marine Affairs and Fisheries’ Mina Bahari IV building in Jakarta, the Ministry of Public Works and Housing main building in Jakarta, and Teraskita in Jakarta.
The outcome of the study shows that although the nine green buildings were 0%-17% costlier than standard buildings due to incremental design costs and building materials, they have proven to be profitable in the long run.
“The electricity and water savings from the nine green buildings in the past one to two years of operation are very encouraging. The results - achieved through IFC’s Green Building Market Transformation Program - validate that Indonesia is on track in terms of its commitment to reduce greenhouse gas emissions through green buildings,” said Ms Mitchell as quoted by IDNFinancials.com.
“As a responsible investor, IFC invests in climate mitigation and adaptation. Our projects also fulfill fiscal responsibilities and are financially viable and profitable.”
Currently over 100 buildings in Indonesia have received green building certifications, with over 3,000 buildings having complied with mandatory green building codes. (MS)