Jeff FisherVice President & Senior Policy Advisor

Urban Development Institute Pacific Region

INCENTIVES AND FINANCIAL MECHANISMS

BC DEVELOPMENT INDUSTRY

CLIMATE LEADERSHIP TEAM

Q: Can we meet the Climate Leadership Team Goal for New Building Construction?

A: YES, but, a lot of things need to happen – and quickly!

INCENTIVES• Increased Density

• Fast Track Programs for Green Construction

• Utility Incentive Programs

• Waived or Reduced Fees for Green Projects

• Award Programs

• Warranty Incentives with Quality Testing?

FINANCIAL MECHANISMS

• Property Assessed Clean Energy (or PACE) programs

• On-Bill Financing

• Green Loan Financing

• Leasing Arrangements and/or Partnership Agreements

DISINCENTIVES

• Property Tax Increases for Green Features

• BC Hydro Infrastructure Improvement Funding

• Urban Design Panels & Processes

• Municipal Design Policies

• Alternative Solutions Approval Process with Building Code

• Low Energy/Carbon Pricing

OTHER UDI POLICY RECOMMENDATIONS

All New Public Sector Buildings Meet the Target In 2016

Increased Research in Building Science & Technology

Information Sharing

Clarity Regarding Current Standards & Future Regulations

Focus on Carbon/Energy

Establishing Energy/Carbon Targets, Not Prescriptive Standards

Capacity Building – Training & Suppliers

THANK YOU URBAN DEVELOPMENT INSTITUTE - PACIFIC REGION

Suite 200-602 West Hastings StreetVancouver, BC, V6B 1P2

Main Office Line: (604) 669-9585

Jeff FisherVice-President/Senior Policy Advisor

jfisher@udi.org Web udi.bc.ca