2015
DOI: 10.1016/j.ufug.2015.05.006
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Economic evaluation of green-roof environmental benefits in the context of climate change: The case of Hong Kong

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Cited by 102 publications
(63 citation statements)
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References 32 publications
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“…Demand for green-collar labour is therefore predicted to increase, and methods are being developed to determine the impact of green training programmes on local communities [85]. Economic benefits of green urban spaces have been identified [86,87] and reveal that such infrastructure can provide a competitive advantage at local scales through inward investment, visitor spending, new job creation, and health and environment improvement. Using the Net Present Value (NPV) calculation method, it has been demonstrated that a majority of the ecological restoration projects analysed provided net benefits, not only being profitable but also creating high-yielding investments [88,89].…”
Section: Jobs and Investment Opportunitiesmentioning
confidence: 99%
“…Demand for green-collar labour is therefore predicted to increase, and methods are being developed to determine the impact of green training programmes on local communities [85]. Economic benefits of green urban spaces have been identified [86,87] and reveal that such infrastructure can provide a competitive advantage at local scales through inward investment, visitor spending, new job creation, and health and environment improvement. Using the Net Present Value (NPV) calculation method, it has been demonstrated that a majority of the ecological restoration projects analysed provided net benefits, not only being profitable but also creating high-yielding investments [88,89].…”
Section: Jobs and Investment Opportunitiesmentioning
confidence: 99%
“…Nevertheless, they provide a significantly higher benefit value, a study undertaken in Hongkong (Peng and Jim 2015) showed a Return of Invest time of 6.8 years for extensive and 19.5 years for intensive green roofs taken a 40-years lifetime into consideration. Policy schemes, incentives by the state and a broader transfer of benefits into financial terms can significantly change the cost-benefit calculation (Bianchini and Hewage 2012).…”
Section: Disservices Of Green Building Technologymentioning
confidence: 99%
“…An understanding of general and local nature-based solutions state of the art and technology readiness is crucial (Derzken et al 2015) resulting in targeted planning and implementation methods (Davies 2015), respecting the overall goal to create a functional, interlinked green infrastructure network (Hansen et al 2016) in respect of ecological (Elmquist et al 2015), economical (Peng and Jim 2015) and societal (Baggethun and Barton 2013) maximised impact ( Fig. 10.15).…”
Section: Nature Provides the Power To Re-wire The Citymentioning
confidence: 99%
“…The multiple layers of the green-roof structure can protect building roofs from direct solar radiation in the summer, cutting heat flux entering the interior spaces and saving electrical energy for cooling. The evapotranspiration from vegetation and soil can cool the ambient air and improve microclimate, triggering "cool-island" effects [7,8]. The literature has generated extensive studies on green-roof thermal effects in various climatic contexts.…”
Section: Introductionmentioning
confidence: 99%