Construction Economics and Building (Jun 2024)
A Systematic Review of Economic Sustainability of Vertical Greenery Systems for Buildings
Abstract
Urban areas have been greatly affected by climate change, leading to a rise in global temperatures. Vertical Greenery Systems (VGSs) are becoming increasingly important as a means of mitigating the effects of climate change. This research assessed the economic feasibility of VGSs to reduce the effects of climate change and enhance urban sustainability. Seventeen studies were evaluated in accordance with the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines to determine the various costs, benefits, and economic indicators associated with VGS. Furthermore, the net present value, internal rate of return, and payback period were thoroughly evaluated to gain insight into their long-term economic sustainability. The results show that, even though the initial cost of VGS may be high, it can provide long-term financial advantages to building owners and operators through energy savings, increased property values, and decreased operational expenses. Nevertheless, the extended payback period and negative net present values for certain VGS types make them financially unsustainable. The purpose of this review is to help create evidence-based guidelines and suggestions for the successful implementation of sustainable VGS.
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