Sustainable Asset Valuation (SAVi) of Paterson Park's Building Infrastructure: City of Johannesburg (South Africa)
Over the life cycle of buildings, there are significant cost savings in energy and maintenance expenditures for green buildings.
Climate change has the largest impact on the cost of energy expenditures, under both Representative Concentration Pathway (RCP) 4.5 and RCP 8.5 scenarios. It also increases the cost of greenhouse gas emissions further under both climate scenarios. This is the case in both the business-as-usual and green building scenarios.
Solar power generates a positive return on investment and is a worthwhile investment for buildings in South Africa, especially when taking into account rising electricity prices.
The Paterson Park Precinct project is part of Johannesburg's Corridors of Freedom Initiative, which seeks to improve social cohesion within the urban environment. Buildings (including social housing, sports facilities, and a recreational centre) are a core component of this project. The project is also part of the Global Environment Facility (GEF) Sustainable Cities Impact Program, which promotes holistic urban planning to maximize environmental and social benefits and avoid negative trade-offs. The Sustainable Asset Valuation (SAVi) application includes an economic and financial valuation of the Paterson Park Project – Buildings, a comparative economic and financial valuation of a building with higher energy and water efficiency requirements and a simulation of these values under different climate scenarios. The Copernicus Climate Change Service (C3S) data that was used for this assessment includes precipitation patterns, temperature changes, and heating and cooling degree days.
You might also be interested in
Sustainable Asset Valuation (SAVi) of Stormwater Infrastructure Solutions in Johannesburg, South Africa
A SAVi assessment of grey-green infrastructure upgrade options for stormwater infrastructure in the Paterson Park Precinct, Johannesburg.
Sustainable Asset Valuation (SAVi) of Agroforestry Nature-Based Infrastructure in Welkenraedt (Belgium)
This report describes the Sustainable Asset Valuation (SAVi) assessment of an agroforestry project in the municipality of Welkenraedt, Belgium.
Sustainable Asset Valuation of Wastewater Treatment Infrastructure in South Africa
This report presents the results of a Sustainable Asset Valuation (SAVi) assessment for wastewater treatment infrastructure in South Africa
The 'spongy' cities of the future
Tangled mats of muddy vegetation line the footpaths of Underwood Park, a narrow stripe of green winding along a creek beneath the small volcanic cone of Ōwairaka (Mt Albert) in Auckland, New Zealand. In the water, clumps of sticks and the occasional plastic bag are marooned on protruding rocks and branches.