Tax benefits and subsidies for sustainable construction
By Salma Hwedi on - 1m. reading time
While standard building practices are guided by shortterm economic considerations, sustainable construction is based on the best concept that combine long-term effectiveness and quality, at an affordable price. This way, in the life cycle of a building you can increase the quality of life minimizing the impact on the environment, reducing water consumption, material resources, energy use, etc.
To achieve this, the different public administrations in Spain have been developing a clear policy to boost sustainable construction, creating the necessary incentives to promote particular actions that favor energy savings, such as improving energy efficiency, using renewable energy in buildings, etc. The Andalusian autonomous community has issued the Decree-Law 1/2014, of March 18, that regulates the Programme to Promote Sustainable Construction in Andalusia, setting incentives for 2014 and 2015, fundamentally economical (over two hundred million Euros), to undertake those activities. Those measure were so successful that the funds were exhausted immediately.
Most likely, the Andalusian government will create new incentives for 2016 and subsequent years. We have to be very attentive.