Making green housing affordable for all
More than $5 million is being saved annually in utility costs throughout Kenya because of green building modifications and designs that allow for large-scale energy efficiencies, why is this important? To answer that question, CNBC Africa is joined by Dennis Papa Odenyi Quansah the IFCGreen Building Lead for Kenya, Ghana and Nigeria.
Fri, 10 Jun 2022 14:56:03 GMT
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AI Generated Summary
- Green building initiatives in Kenya are saving over $5 million annually in utility costs, emphasizing the economic viability and energy efficiency of sustainable construction methods.
- The IFC's Edge program empowers developers to integrate green building practices through software simulations, leading to significant reductions in utility bills and positive environmental impacts.
- Affordable housing projects in Kenya and Ghana showcase the feasibility of green building for all economic strata, dispelling the misconception that sustainability comes at a high cost.
Green building modifications and designs are at the forefront of revolutionizing the construction industry in Kenya, with over $5 million being saved annually in utility costs. This paradigm shift towards sustainable practices not only promises large-scale energy efficiencies but also challenges the perception that green building is only for the elite. With Dennis Papa Odenyi Quansah, the IFC Green Building Lead for Kenya, Ghana, and Nigeria, shedding light on the importance and accessibility of green building solutions, it is evident that affordability and sustainability can go hand in hand. The conversation with Dennis unveils the key aspects and benefits of green building initiatives: cost-effective measures, environmental impact, and advocacy for a greener future. The Edge program, spearheaded by IFC, empowers developers to embrace green practices through software simulations, ultimately leading to substantial savings in utility bills through energy and water efficiency. Moreover, certification standards such as EDGE certification serve as a hallmark for green projects, highlighting their commitment to eco-friendly construction practices. Dennis emphasizes the critical role of green building in climate mitigation and the urgency for widespread adoption of sustainable construction methods, particularly in developing countries heavily impacted by climate change. The narrative extends to debunking the myth that green housing is synonymous with high costs, showcasing affordable green housing projects in Kenya and Ghana that have successfully integrated sustainable features without compromising affordability. The 3D printed home in Kenya and the green-certified buildings in Ghana exemplify the feasibility of green building for all, regardless of economic strata. By championing affordable housing as a cornerstone of green initiatives, the IFC aims to democratize access to sustainable living spaces, bridging the gap between eco-conscious design and financial feasibility. As the construction landscape continues to evolve towards greener horizons, the challenge lies in fostering awareness, incentivizing green investments, and reshaping industry norms to align with sustainable development goals. Through collaborative efforts and innovative solutions like the Edge program, the vision of affordable and sustainable housing for all is within reach, heralding a new era of environmentally conscious construction practices in Africa.