Adapting the city

Building & InfrastructureIain GrantBuildings Management Director, BruntwoodBuilding Retrofit

C40 Cities

The Key Issues

• For property owners; the preservation of asset value and ensuring that buildings are fit for purpose;

• For occupiers; ensuring that staff productivity is not impaired and where possible enhanced

• How do we measure our success

• Adaptation is a here and now issue

The Importance of Time (aka The Commercial Imperative)

Includes the differences between

•Strategy and tangible implementation

•Short term mitigation and long term adaptation

•Time horizon over which our investment plans are predicated

Building Retrofit – the key challenges ?

From 37% of UK emissions in 2009 to zero by 2050; principally from the existing building stock

Heritage buildings

How do we choose which buildings to adapt and what happens to those that we reject ?

Funding

VRF MarketMarket Volumes

Installed VRF in Use

Kw

Cooli

ng

Cap

acit

y

VRF MarketGrowth of Heat Recovery systems

12%

40%

48%

27%

73%

Why?• Flexibility • Efficiency • Cost

2000 2011

Cooling only

Heat Pump

Heat Recovery

How do we fund ?

Has to be sustainable

Stand alone adaptation doesn’t work financially, build in to current investment plans

Inclusive rents may be the solution (Green Deal et al)

Ultimately a move away from P & L funded costs to balance sheet investment

The Opportunities

GM wide strategy

We have a GM wide Governance Structure

Technology exists today

Large number of organisations keen to become involved, but haven't yet built an effective coalition for change

Adapting the city