The global transition to green buildings is currently stalled by a significant lack of investment.
This research provides a first-of-its-kind map of Green Finance within the building sector, concluding that while the tools to fund sustainable construction exist, they are severely underutilized.
The study explicitly states that the lack of empirical data and standardized assessment tools makes it difficult for investors to feel confident in green building projects.
To overcome this “finance gap,” the authors propose a shift toward intelligent assessment. They suggest that the future of green construction lies in the development of AI-enabled software and automated cost-benefit frameworks that can prove the financial viability of sustainable buildings to policymakers and practitioners.
By aligning financial incentives with technological performance tracking, the sector can finally secure the capital needed to combat climate change through the built environment.
Learn more abou this review here: https://doi.org/10.1016/j.buildenv.2021.108443
Reference
Debrah, C., Chan, A. P. C., & Darko, A. (2022). Green finance gap in green buildings: A scoping review and future research needs. Building and Environment, 207, 108443.