Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia

Green roofs have been known as an environmentally friendly application and a sustainable approach in the developed countries such as: Germany, United States and Canada. Although environmental cost-benefits related issues of green roofs are already proven by many researchers in developed countries, i...

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Main Author:	Mahdiyar, Amir
Format:	Thesis
Language:	English
Published:	2014
Subjects:	SB Plant culture
Online Access:	http://eprints.utm.my/id/eprint/41973/1/AmirMahdiyarMFKA2014.pdf
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id	my-utm-ep.41973
record_format	uketd_dc
spelling	my-utm-ep.419732017-09-10T07:48:27Z Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia 2014-01 Mahdiyar, Amir SB Plant culture Green roofs have been known as an environmentally friendly application and a sustainable approach in the developed countries such as: Germany, United States and Canada. Although environmental cost-benefits related issues of green roofs are already proven by many researchers in developed countries, it is not used widely in developing countries like Malaysia. It is estimated that the market at first focuses on extensive green roof due to the lower initial and maintenance costs; as a result, a probabilistic cost-benefit analysis for extensive green roof is conducted in this study. Installation, maintenance, and disposal costs of extensive green roof system are compared with the related private and social benefits (increase of property value, savings for air conditioning, longevity, air quality improvement, carbon reduction, etc.), determining two indicators: the Net Present Value (NPV) and the Pay Back Period (PBP), using Monte Carlo simulation. The analysis demonstrated that green roofs are not long-term investments in terms of net returns. In general, installing extensive green roof is a low risk investment. Furthermore, the probability of profits out of this application is much higher than the potential financial losses. 2014-01 Thesis http://eprints.utm.my/id/eprint/41973/ http://eprints.utm.my/id/eprint/41973/1/AmirMahdiyarMFKA2014.pdf application/pdf en public masters Universiti Teknologi Malaysia, Faculty of Civil Engineering Faculty of Civil Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	SB Plant culture
spellingShingle	SB Plant culture Mahdiyar, Amir Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia
description	Green roofs have been known as an environmentally friendly application and a sustainable approach in the developed countries such as: Germany, United States and Canada. Although environmental cost-benefits related issues of green roofs are already proven by many researchers in developed countries, it is not used widely in developing countries like Malaysia. It is estimated that the market at first focuses on extensive green roof due to the lower initial and maintenance costs; as a result, a probabilistic cost-benefit analysis for extensive green roof is conducted in this study. Installation, maintenance, and disposal costs of extensive green roof system are compared with the related private and social benefits (increase of property value, savings for air conditioning, longevity, air quality improvement, carbon reduction, etc.), determining two indicators: the Net Present Value (NPV) and the Pay Back Period (PBP), using Monte Carlo simulation. The analysis demonstrated that green roofs are not long-term investments in terms of net returns. In general, installing extensive green roof is a low risk investment. Furthermore, the probability of profits out of this application is much higher than the potential financial losses.
format	Thesis
qualification_level	Master's degree
author	Mahdiyar, Amir
author_facet	Mahdiyar, Amir
author_sort	Mahdiyar, Amir
title	Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia
title_short	Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia
title_full	Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia
title_fullStr	Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia
title_full_unstemmed	Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia
title_sort	probabilistic cost-benefit analysis of installing extensive green roof in malaysia
granting_institution	Universiti Teknologi Malaysia, Faculty of Civil Engineering
granting_department	Faculty of Civil Engineering
publishDate	2014
url	http://eprints.utm.my/id/eprint/41973/1/AmirMahdiyarMFKA2014.pdf
_version_	1747816661374730240

Probabilistic cost-benefit analysis of installing extensive green roof in Malaysia

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