Green finance for sustainable global growth: Costs and benefits of green buildings compared with conventional buildings

Elizabeth Motunrayo Ojo-Fafore, Clinton Aigbavboa, Wellington Thwala, Pretty Remaru

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

4 Citations (Scopus)

Abstract

Green buildings have become one of the most famous and fastest growing construction concepts. As the world is becoming environmentally viable, all investors and contractual workers will need to know the figures of green financing and if the dangers of contributing are justified regardless of the arrival sum. This chapter aims to compare green building and conventional building using the cost differences and economy impact to ascertain the benefits of green building over the conventional building of green building. Data was collected through questionnaire survey from 50 construction professionals. The result of this chapter shows that green buildings are more expensive than conventional buildings; however, the benefits accrue from green building makes green building cheaper in the long run.

Original languageEnglish
Title of host publicationResearch Anthology on Environmental and Societal Well-Being Considerations in Buildings and Architecture
PublisherIGI Global
Pages373-393
Number of pages21
ISBN (Electronic)9781799890331
ISBN (Print)9781799890324
DOIs
Publication statusPublished - 28 May 2021

ASJC Scopus subject areas

  • General Engineering
  • General Arts and Humanities
  • General Environmental Science

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