Mono Insaat helped to reduce greenhouse gas emissions with multiple reconstruction projects
As a response to earthquake risk in most of the regions of Turkey, old buildings are being transformed into new and earthquake-proof ones under the Government’s Urban Transformation Plan (UTP). In most of the parts of Istanbul too this plan is being implemented.
Mono Insaat is one of the medium sized construction companies which is involved in the reconstruction of existing buildings in Istanbul. The company made agreements with several building owners for their reconstruction projects.
When they the company applied for a loan with Turkish Residential Energy Efficiency Financing Facility (TuREEFF), it was also interested in getting technical assistance from the engineering team of TuREEFF to identify the necessary building design adjustments to increase the energy efficiency of the building from level C (standard level required by laws in Turkey) to a higher level, B.
After the first reconstruction project, Mono applied the same scheme for 2 more projects and has positioned itself as a company that cares about energy efficiency and environmental issues.
The impact of these projects is to lower the energy bills and improve the quality of life for the residents. Furthermore, because of reduced carbon emission from the buildings, the environment is also better off.
These projects also stand as inspiring examples for the neighbourhood and have a pioneering role for the future projects which will be developed in the region.
The overall energy saving is 502,014 kWh/year which is equivalent to the electricity consumption of 212 households on a yearly basis.
This new building with EPC B Class led to a reduction of the CO2 emissions by 117 tonnes per year, which is equivalent to the annual reduction of CO2 created by 5,390 trees.
TuREEFF in Turkey was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the Climate Technology Fund under the Clean Investment Funds (CIF) and European Union (EU).