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Green building to help economy

A new report conducted by the Green Building Council of Australia (GBCA) has confirmed that green building can help to boost the Australia economy by creating close to 10,000 new jobs in the construction industry.

The report, Retrogreening Offices in Australia, released by Davis Langdon, has estimated that refurbishing significant quantities of office stock in a more ‘environmentally friendly’ way, would create jobs for more than 10,000 people in the construction industry, or almost 27,000 new jobs from across the broader economy.

“The report finds that for every ‘green collar job’ created as a result of retrofitting existing office stock, there is a potential annual saving of approximately 300 tonnes of greenhouse gas,” said Romilly Madew, chief executive of the GBCA.

Madew believes the report is “proof positive that support mechanisms…will not only help to unlock our building’ carbon reduction capacity, but also enable the property sector to be an economic driver in these tough times.”

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