22 February 2012, Cental London venue
GVA is delighted to invite you to a thought provoking breakfast seminar and debate which will look at Government policy objectives on how to encourage further investment into making buildings more sustainable.
The UK government has set challenging carbon reduction targets for all new non-domestic buildings by 2019. It is becoming apparent that the UK will struggle to meet its targets and will have to address energy efficiency in existing buildings.
Currently high environmental performance ratings don't have much of an impact on market behaviour, so its been suggested that a major stimulus to carbon neutral development and improving the energy efficiency of existing stock could be a way to give BREEAM, EPCs and DECs a much greater bearing in influencing occupier and investor behaviour to reduce the carbon impact of buildings.
What are the potential solutions:
- Change the taxing to consider a buildings 'green rating'
- Use the rating system, by adjusting the Uniform Business Rate (UBR) multiplier
- Introduce rating exemptions for plant and machinery
- Changing the way capital allowances are calculated
- Possible Stamp Duty Land Tax option
Panel:
- Miles Keeping, Head of Sustainability, GVA
- Paul King, Chief Executive, UKGBC
- Peter Cosmetatos, Director of Policy (Finance), British Property Federation
- Yvonne Rydin, Professor of Planning, Environment & Public Policy, UCL
- Paul McNamara, Head of Research, PRUPIM
- Paul Edwards, Head of Sustainability, Hammerson