Greater Manchester opened its third annual Green Summit with a day of virtual events on biodiversity and climate adaptation, including a look at the benefits of nature-based solutions on properties.
The 2020 Green Summit, taking place online from 21-24 September, marks the progress being made towards Greater Manchester’s Five-Year Environment Plan and overall goal to become carbon neutral by 2038.
Each day focuses on a different theme, with the events available to watch live and on demand:
Monday 21 September: Natural Environment & Climate Adaptation
Tuesday 22 September: Green Transport & Energy
Wednesday 23 September: Water, Resources & Buildings
Thursday 24 September: Build Back Better.
Monday’s sessions provided an overview of how Greater Manchester is working towards delivering investment in the natural environment within the city region.
One of the key focus areas was the city region’s IGNITION project, a £4 million initiative to develop innovative financing mechanisms for urban ‘green infrastructure’ such as green roofs and walls, rain gardens and street trees.
Benefits to business
The IGNITION project has recently produced its first business-facing resource outlining how installing nature-based solutions can benefit business and building performance.
For example, green roofs can achieve average energy savings of 6.7 per cent for the space below, increase property value by 6.9 per cent and reduce noise reduction by 11 decibels. The average capital expense of an extensive green roof is £126 per square metre.
For ‘living walls’, the energy saving for the adjacent space increases to 15 per cent, with a 4.8˚C reduction in indoor temperature and property value uplift of 2.5 per cent at an average cost of £702 per square metre.
These solutions can also reduce rainwater runoff by up to 75 per cent, reducing the risk of flooding as well as standing water charges. In addition, studies have shown that worker productivity increases by 15 per cent when workspaces are enhanced with plants, and employees with a view of nature take fewer days of sick leave.
Posted under General Interest, Carbon Reduction, Energy Efficiency, Climate Change and What it Means to You, Environmental Technologies and Renewable Energy and Environmental Services on 23 September 2020