China moved from second to first place in rankings of countries with the most LEED-certified space outside of the United States.
China has 34.62 million gross square meters (GSM) of certified LEED space. Canada, India, Brazil, and the Republic of Korea rounded out the top five nations on the list.
Global green building is expected to double every three years, according to a Dodge Data & Analytics World Green Building Trends 2016 SmartMarket Report. The report was conducted in 70 countries, and it found that emerging economies like China, India, and Brazil will be engines of green growth, with development varying from two-fold to six-fold over current green building levels.
Increased consumer demand has also pushed the world’s green building market to a trillion-dollar industry. As a result of growing demand for sustainable construction, the green building materials market is expected to reach $234 billion by 2019.
Related Stories
Codes and Standards | Mar 1, 2018
Net zero commercial building trend shows strong momentum
Almost 50% more zero energy commercial buildings under construction in 2017.
Codes and Standards | Feb 28, 2018
AEC industry reported high levels of fraud, cyber breaches, and security incidents in 2017
83% experienced at least one fraud incident.
Codes and Standards | Feb 27, 2018
Smart surface solutions can improve disaster resilience, health and comfort in cities
Stormwater management, water quality, and heat island effect could all be impacted.
Codes and Standards | Feb 26, 2018
Bolstering energy efficiency would produce significant health benefits, ACEEE study says
Reducing energy consumption by 15% would save six lives a day.
Codes and Standards | Feb 22, 2018
GBCI will certify underwriting standard for energy efficiency projects
Investor Ready Energy Efficiency (IREE) certification aims to boost confidence in predicted energy and financial savings.
Codes and Standards | Feb 21, 2018
FEMA document provides simplified seismic design provisions for low-hazard regions
Forty four states have areas defined as low-hazard.
Codes and Standards | Feb 20, 2018
Federal budget includes disaster mitigation provisions
Bipartisan bill encourages states to adopt latest building codes.
Codes and Standards | Feb 19, 2018
Easy access to indoor environment controls yields improved efficiency and workplace productivity
JLL/Purdue University project is developing algorithms to improve indoor comfort.
Codes and Standards | Feb 14, 2018
After Energy Star stopped certifying medical properties, a REIT developed its own certification
Welltower uses internal system to evaluate total building performance.
Codes and Standards | Feb 13, 2018
Rezoning, innovative investor enabling development of a “metroburb” in New Jersey
Indoor mixed-use “Main Street” blossoms in giant former Bell Labs building.
