Sustainable Asset Valuation (SAVi) of Paterson Park's Building Infrastructure: City of Johannesburg (South Africa)

The Paterson Park Precinct project is part of Johannesburg's Corridors of Freedom Initiative, which seeks to improve social cohesion within the urban environment. Buildings (including social housing, sports facilities, and a recreational centre) are a core component of this project. The project is also part of the Global Environment Facility (GEF) Sustainable Cities Impact Program, which promotes holistic urban planning to maximize environmental and social benefits and avoid negative trade-offs. The Sustainable Asset Valuation (SAVi) application includes an economic and financial valuation of the Paterson Park Project – Buildings, a comparative economic and financial valuation of a building with higher energy and water efficiency requirements and a simulation of these values under different climate scenarios. The Copernicus Climate Change Service (C3S) data that was used for this assessment includes precipitation patterns, temperature changes, and heating and cooling degree days.