GBCA argues for sustainable buildings push
The Green Building Council of Australia (GBCA) has called for the country's structures to be more resilient and sustainable to guard against natural disasters.
The news could affect both the industrial property and residential real estate sectors, with the GCBA highlighting how devastating recent extreme weather patterns have been for Australia's communities.
The organisation cited the bushfires in Victoria and floods in Queensland in particular, stating that Australians have "been hit harder" than other parts of the world over the last few years.
"Designing and constructing better, more resilient buildings, communities and infrastructure will minimise the impacts of climate change on Australia's productivity and stability and deliver long-term economic, environmental and social sustainability," the GBCA claimed.
"Developing a method of measurement for adaptation and resilience is also crucial."
Ways in which residential property is already making headway is through the 'Green Star - Communities' rating tool, the council added, which encourages developers to address climate change and extreme weather issues through a credits system.
Examples include Env-3 Heat Island Effect, Gov-3 Sustainability Awareness and Env-8 Stormwater ratings, as well as a credit to reward communities for lowering their reliance on existing infrastructure by generating their own electricity.