February 2013: “The London Plan sets out a range of energy policies which developers are required to comply with. As well as setting CO2 reduction targets for new developments, these policies support the implementation of the Mayor’s energy hierarchy: 1) using less energy; 2) supplying energy efficiently; and 3) renewable energy. Whilst the core benefits from the implementation of these policies, for example carbon dioxide savings, are routinely monitored, the economic benefits arising from implementing these policies is not quantified.”
The Mayor is therefore commissioning work to “to estimate the projected investment and number of jobs that result from completed developments which obtained planning permission from the Mayor. The job and investment projections will be informed by collecting data from a number of approved planning applications and completed developments (e.g. via site visits) to determine the costs of implementing specific measures.” Full details on the project approval document here.