Green Mark scheme hits 20th anniversary, with over 2,500 buildings certified
Since March this year, 2,590 structures have actually acquired Green Mark qualification, according to a shared press release by the BCA and SGBC. The structures jointly save over 4.2 billion kWh of energy each year, enough to power one million four-room HDB flats per year, the agencies add. It is also comparable to $1.3 billion in cost savings annually.
The Building and Construction Authority (BCA) and the Singapore Green Building Council (SGBC) recently marked the 20th anniversary of the BCA Green Mark certification scheme. The green building rating system, developed to assess a building’s ecological influence and performance, was initially launched in January 2005, with 17 structures licensed in its inaugural year.
“By developing clear connections in between nationwide schemes and regional standards, we can assist unlock global capital flows and scale up investments in decarbonisation and eco-friendly structure tasks,” mentioned Chee.
At SGBC’s gala dinner, National Development Minister Chee Hong Tat released two initiatives to help drive bigger adoption of environment-friendly buildings moving forward.
The Green Mark scheme has gone through a variety of modifications, with the 6th and latest release introduced in 2021 together with the Singapore Green Building Masterplan (SGBMP).
The SGBMP established the “80-80-80 in 2030” goal, consisting of 80% of properties by gross floor area (GFA) to be eco-friendly; 80% of new developments by GFA for being super low energy (SLE) buildings; and 80% improvement in energy efficiency compared to 2005 levels for best-in-class green structures– all by 2030.
The very first is the development of an updated Built Environment Decarbonisation Technology Roadmap that outlines key arising technologies and areas for research and development to improve power efficiency in Singapore’s constructed environment. Building on the 2018 Super Low Energy Building Technology Roadmap, the upgraded plan determines over 50 innovations and techniques to reduce functional and embodied carbon.
The second campaign is the magazine of a report that bridges the gap in between green buildings and sustainable finance in the Asia Pacific (Apac) region. The report, to be released by the World Green Building Council with assistance from OCBC and the region’s green building councils, will align green building rating tools from Apac countries with the Asean Taxonomy for Sustainable Finance.
At a gala dining organized by SGBC on July 11, 20 commemorative certificates were presented to 9 associates and 11 ventures in recognition of their “outstanding inputs to Singapore’s green building journey”. City Developments, CapitaLand, Mapletree Investments, Keppel and Lendlease were among the associate receivers.
In its shared claim, BCA and SGBC state that 61% of buildings have been greened as of December 2024. In addition, close to 26% of brand-new properties have actually been licensed as SLE properties, while best-in-class structures have accomplished a 72% improvement in energy efficiency over 2005 levels.
