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Life-Cycle Assessment of Economic and Environmental Benefits of Green Residential Buildings

In: Proceedings of the 23rd International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Zhikang Bao

    (The University of Hong Kong)

  • Yuzhe Li

    (Xi’an Jiaotong-Liverpool University)

  • Jianli Hao

    (Xi’an Jiaotong-Liverpool University)

  • Weisheng Lu

    (The University of Hong Kong)

  • Chee Seong Chin

    (Xi’an Jiaotong-Liverpool University)

Abstract

This paper aims to build up a framework to evaluate the economic and environmental benefits of GB by adopting life-cycle assessment. It starts with the extensive review of some key areas related to the study. Then, the components of economic and environmental benefits required being evaluated, and the methods to evaluate are introduced. Afterwards, based on the evaluation methods, two case studies in China with different certification level are adopted. From these two case studies, it is found green building will cause extra cost in the construction phase meanwhile economic and environmental benefits are generated in the operation phase. Green building is worth of being implemented because the payback period of the green building is much shorter compared with the service time. Additionally, the current green technologies are not mature enough to support the highest certification level of GB.

Suggested Citation

  • Zhikang Bao & Yuzhe Li & Jianli Hao & Weisheng Lu & Chee Seong Chin, 2021. "Life-Cycle Assessment of Economic and Environmental Benefits of Green Residential Buildings," Springer Books, in: Fenjie Long & Sheng Zheng & Yuzhe Wu & Gangying Yang & Yan Yang (ed.), Proceedings of the 23rd International Symposium on Advancement of Construction Management and Real Estate, pages 1081-1096, Springer.
    • Handle: RePEc:spr:sprchp:978-981-15-3977-0_83
    DOI: 10.1007/978-981-15-3977-0_83
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