The Legislative and Intergovernmental Background of the Green Real Estate Agenda in the UK and EU: What In-House Counsel Need to Know
Program Number: 2236
Presenter: Louise C. Adamson, Esq., Steven D. Cox, Esq., Bonny Hedderly, Esq., Robert S. Holden, Jonathan Lawrence, Esq., Jessica Stevens
The 1987 Bruntland Commission, the 2009 Copenhagen Climate Council and the 2011 UN meeting on carbon emissions have shown the pathway that intergovernmental efforts have led along the way to a greener future for commercial real estate. The UK government has introduced legislation for new buildings to be nearly zero energy by 2020 and as near to zero as possible by 2050. The UK Energy Act came into force in 2011 and the recent Energy Performance of Buildings Directive will be transposed into EU member state legislation by July 2012. The Investment Property Databank has produced the IPD Sustainable Property Index Monitor which aims to establish and measure the link between sustainability credentials of a property and its value. Environmental tools exist such as the IPD Eco-Ledger, BREEAM and Energy Performance Certificates. In this program of particular interest to in-house counsel, attorneys and experts in the areas of banking and sustainability explore the regulatory background of the
