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Philippine City offers tax breaks for green roofs

EcoSunday shares this news bit from BusinessWorld about a new law enacted by the city council of Quezon City, Phlippines “requiring private and government-owned buildings to reserve part of their rooftops for “greening.”

New commercial/residential buildings, under the Green Roof Ordinance (Ordinance 1940) signed into law by Mayor Feliciano R. Belmonte, Jr. last September 10, should devote at least 30% of their roof area for plants and trees.

The ordinance has provided an incentive: “No real property tax shall be assessed against the value of the floor area dedicated to the plants and trees. This exemption shall be available for ten years starting from the initial assessment.”
Continue reading about tax perks for green roofs in Quezon City, Philippines….