In this article, bloombergNEF’s editor explores how India’s green building sector is evolving and what can be done to get away from energy guzzling buildings. We were quoted on the market barriers of perceived additional cost and the need for supporting markets to ramp up supply of appropriate materials and technologies for energy efficient buildings.
“For green buildings, cost is a non-issue in my opinion. It is the market which needs to be created, with sufficient supply – and suppliers – of appropriate construction materials and technology, as well as a sustainable demand for them,” said Smita Chandiwala, an architect whose firm, Energe-se, provides policy advice on green buildings.