One way to cut costs amid the current downturn is to make buildings more eco-friendly and efficient. Experts said this can save as much as a 20 per cent in energy bills. And for those worried about higher investments, there are initiatives that can cover up to 35 per cent of such costs. Demand for 'green' buildings has grown amid the current downturn. Environmentally-conscious consumers are increasingly...
Green Mark
Despite the economic downturn, Singapore is soldiering on with a new blueprint for sustainable development for the next 10-20 years. Under the plan, at least 80 per cent of all buildings in Singapore will be energy-efficient by 2030. This is part of a grand plan, which aims to make Singapore a "lively and livable" city without straining natural resources. Some $1 billion will be spent for the first five...
Govt could do more by taking the lead in procurement of green and energy efficient components IN JAPAN, banks offer preferential loan rates to building owners who aim for higher green ratings. In Germany, the government offers subsidies to residential owners to go green. Offering such incentives is just one of the suggestions from the International Panel of Experts (IPE) for Sustainability of the Built...
The green building movement in Singapore has gained momentum and the Building and Construction Authority (BCA) hopes to spur it further by enhancing its Green Mark Incentive Scheme. At the BCA awards ceremony on Thursday, City Developments was named Singapore's first Green Mark Champion. This new award is given to developers and building owners who have at least ten projects that have attained the BCA...
The Economic Development Board (EDB) has unveiled more details of the Solar Capability Scheme, aimed at spurring demand for clean technology and building up expertise in the new industry. The S$20 million scheme was first announced in Parliament in April by Senior Minister of State for Trade and Industry, S Iswaran. The EDB said it expects to fund up to 100 projects. Under the scheme, new buildings need...
Fund will cushion cost of integrating solar panels into new Green Mark buildings DEVELOPERS of new and green buildings can now tap into a $20 million fund set up by the Government - a decision that is certain to sit well all-round as oil prices continue to surge. The fund will partly offset the cost of integrating solar panels into new buildings “which attain a certain level of Green Mark standard”,...