Title Improvement Scheme on Green Construction Cost & Benefit through Analyzing Trends and Case Studies
Authors Kim, Won-Tae ; Choi, Seok-In ; Chang, Chul-Ki
DOI http://dx.doi.org/10.6106/KJCEM.2013.14.5.044
Page pp.44-54
ISSN 1229-7534
Keywords Green Construction ; Cost ; Benefit ; Cost-Benefit Analysis ; Sustainability ; Sustainable Development
Abstract As a green construction is a world-wide hot issue, Korean government is also putting forth a multilateral effort into reducing energy usage with setting aggressive goal under green growth policy. It is essential to analyse cost raised from designing and building green construction and benefit derived from the built facility for the sustainable green construction. However, compared to advanced countries in terms of green construction, there is lack of data and a systematic way for data collection and analysis in Korea. Without analyzing the cost-benefit of green construction, investors will hesitate to put his/her money into green construction and we can not expect its growth in construction industry. In this paper, cost of green construction was defined and categorized. Through case studies and various reports on cost-benefit analysis in advanced green construction countries, problems in terms of data collection and analysis in domestic green construction sector and improvement ways were suggested. The results of this study will contribute in classification of cost and benefit of green construction, data collection in systematic way, and increasing the feasibility of green construction via appropriate analysis on cost-benefit of green construction.