In the heart of Nigeria’s bustling construction industry, a quiet revolution is brewing. Researchers, led by Ubayi Salisu Mannir of Sharda University in India, have delved into the adoption of circular economy principles and sustainable construction practices, revealing a landscape ripe for transformation. Their findings, published in the Baltic Journal of Real Estate Economics and Construction Management, which translates to “Baltic Journal of Real Estate Economics and Construction Management,” offer a roadmap for the industry to reduce its environmental footprint while boosting commercial viability.
The study, which surveyed industry professionals, paints a picture of an industry that understands the need for change but struggles with implementation. “Respondents demonstrated a high degree of awareness and comprehension of the circular economy and sustainable construction principles,” Mannir explains. However, the reality on the ground tells a different story. The use of sustainable building materials remains low, and advanced technologies like recycled water systems and rainwater harvesting are yet to gain traction.
Yet, there’s a silver lining. The industry shows a strong commitment to cost-effective strategies, particularly in waste management, energy conservation, and water conservation. This presents a unique opportunity for the energy sector. As Mannir notes, “The construction industry is ready for easily implemented and cost-effective strategies.” This could translate into increased demand for energy-efficient technologies and services, opening new avenues for growth and innovation.
The study also highlights a critical barrier: the lack of strict governmental rules and regulations. Mannir emphasizes the need for policy incentives and education to drive change. “The government should play a bigger role in establishing policy, incentives, and education,” he asserts. This call to action could reshape the industry’s trajectory, fostering a more sustainable and circular future.
The implications for the energy sector are profound. As the construction industry embraces sustainability, the demand for energy-efficient solutions is set to rise. This shift could drive innovation, create jobs, and stimulate economic growth. Moreover, it could pave the way for a more resilient and sustainable future, benefiting both the industry and the environment.
In the words of Mannir, “The construction industry is ready for change.” With the right policies, incentives, and education, the industry can transition towards a more sustainable and circular future, driving growth and innovation in the energy sector. The stage is set for a revolution, and the construction industry is ready to lead the charge.