A MEMORANDUM of Understanding (MoU) between the world's three leading rating tools for buildings and the UK's Green Building Council has been signed in London.
According to the Green Building Council Australia (GBCA) The key objective of the MoU is to map and develop common metrics to measure emissions of CO2 equivalents from new homes and buildings.
Rating tools are a key component in the market for green building around the world, but there has been a growing demand for consistency and comparability between the tools, particularly with regards to the way they account for carbon emissions.
A working group formed of representatives from each of the rating tools will develop the metrics, and seek to align the tools and provide consistency in measurement and reporting.
Australia's environmental rating tool for buildings, Green Star, is developed and administered by the GBCA.
The LEED Green Building Rating System is developed and managed by the US Green Building Council (USGBC), while BREEAM is owned by research and education charity the BRE Trust and operated by BRE Global, based in the UK.
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