Energy-Efficient Residential Housing

Energy-Efficient Residential Housing

Photo by Unsplash / Stefan Kostić

Energy-Efficient Residential Housing
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Real Estate
Business Model Description

Build energy-efficient residential housing and offer custom home design and construction services, utilizing advanced building materials and technologies such as insulated concrete forms (ICFs), geothermal heating and cooling systems, and energy-efficient windows and appliances. Constructing energy-efficient residential housing requires technology, permits, workforce, capital, know-how, land, and sustainable building materials with a high focus on insulation, windows, lighting, sourcing energy, heating, and cooling for energy efficiency. The business model can appeal to clients with environmental awareness who are looking for cost-effective housing solutions in Serbia in semi-urban areas.

Expected Impact

Improve energy efficiency and limit environmental impacts of buildings.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11) Climate Action (SDG 13) Affordable and Clean Energy (SDG 7)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Industry, Innovation and Infrastructure (SDG 9)
Sector Sources
  • 1) Ministry of Environmental Protection, Waste management program in the Republic of Serbia for the period 2022-2031, 2022. 2) Statistical office of the Republic of Serbia, Progress Report on the Implementation of Sustainable Development Goals by 2030 in the Republic of Serbia, 2022. 3) Ministry of Construction, Transport and Infrastructure, Strategy for Sustainable Urban Development of the Republic of Serbia until 2030, 2019. 4) Ministry of Construction, Transport and Infrastructure, Draft of the Spatial Plan of the Republic of Serbia from 2021 to 2035, 2021. 5) Ministry of Labour, Employment, Veteran and Social Affairs, Strategy of Prevention and Protection Against Discrimination for the period from 2022 to 2030, 2022. 6) Sustainable Development Report 2022, Sustainable development report 2022-Serbia, 2023. 7), Serbia invests 4 billion euros: The complete reconstruction of the railway is planned, 2019. 8), Renovation of rural infrastructure for 70 million euros, 2022. 9) FAO, National gender profile of agriculture and rural livelihoods – Serbia. Budapest, 2021. 10) USAID, Guide through building permits, 2016. 11) Publications | Statistical Office of the Republic of Serbia, n.d. 12) ProCredit Bank, Energy efficiency loans with up to 20% return, n.d. 13) Balkan Green Energy News, Serbia’s Vojvodina province to invest EUR 16 million in energy efficiency of public buildings, 2023. 14) Intesa Sanpaolo Bank, Loans for improving energy efficiency, n.d. 15) Balkan Green Energy News, Saved, V, A competition has been announced for subsidies for solar panels for households in ten cities in Serbia ,2022. 16) U.S. Department of Energy, Residential HVAC installation practices - energy, 2018. 17) Epstein, L., Energy-efficient buildings: Investing pros, cons, 2022. 18) Peterhof Consulting stakeholder consultations online on 17th of February, 2023. 19) Habitat for Humanity, Transforming low-income communities through energy efficiency,n.d. 20) Statistical office of the Republic of Serbia, Energy Consumption in households in Republic of Serbia, 2021.
IOA Sources
  • 21) Our World in Data, Ritchie, H., Roser, M., & Rosado, P. CO2 emissions, 2020. 22) Jelovac , A. The real estate sector is turning to Energy EFFICIENT Solutions These are the conclusions of the REMHUB:2022 conference, 2022. 23) World Health Organization, SDG indicator 11.6.2 concentrations of fine particulate matter (PM2.5), World Health Organization, n.d. 24) Construction, S. S, How to study energy efficiency and energy passport, 2020. 25) Ministry of Mining and Energy, The Fourth Energy Efficiency Action Plan of the Republic of Serbia has been prepared for the period until December 31, 2021. 26) Ministry of Mining and Energy, Energy Development Strategy of the Republic of Serbia until 2025 Years with projections until 2030. Year : 101/2015-36. 27) Legal information system of the Republic of Serbia, Long-term strategy for encouraging investments in the renovation of the national building stock of the Republic of Serbia by 2050: 27/2022-5. 28) Regulations on energy efficiency of buildings. Regulation on the energy efficiency of buildings, 61/2011. 29) Planning and Construction Law, Law on Planning and Construction, 52/2021. 30) Environmental Protection Act, The Environmental Protection Act, 76 and 95/2018. 31) Law on the Use of Renewable Energy Sources:. Legal and Information System of RS, 40/2021-23. 32) Energy Law. The Energy Act, 40/2021. 33) Ministry of Mining and Energy, Public Call for allocation of funds for financing the Energy Rehabilitation of Residential Buildings, PE 2/21. 34) BitToBuzz, Kosmaj Gardens. Kosmaj Gardens, n.d. 35) Solarna Dolina, Solarna Dolina // VRT URBANOG stanovanja // Novi Sad, 2021. 36) Telepska Dolina, Samardzija, S, n.d. 37) Eco Settlement, Sumadijski kutak, 2022. 38) German companies are looking for domestic partners for energy efficient construction - buildings the largest energy consumers in Serbia, 2019. 39) Our World in Data, Ritchie, H., Roser, M., & Rosado, P, Serbia: CO2 Country Profile, 2020. 40) Our World in Data, Energy intensity, 2021. 41) Energy Institute blog, Disability and energy – leaving no one behind, 2019. 42) OECD iLibrary, Home. Brick by Brick : Building Better Housing Policies, n.d. 43) ACEEE, Low-income energy efficiency programs, n.d.