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 | Jan 20, 2017
New resource lists green incentives by state
USGBC's new Public Policy Library includes tax and energy benchmarking policies.
Codes and Standards | Jan 18, 2017
How green leases benefit owners and tenants
Agreements to spur efficiency upgrades are slowly gaining popularity.
Codes and Standards | Jan 17, 2017
Intl. Code Council looks into code changes for cross-laminated timber structures
Most codes limit CLT structures’ height.
Codes and Standards | Jan 16, 2017
Building codes for existing buildings evaluated in new white paper
The paper examines implementation, enforcement challenges, and changes needed in new code editions.
Codes and Standards | Jan 13, 2017
New BIM guide for owners released
National Institute of Building Sciences releases a manual for developing standard set of BIM documents.
Codes and Standards | Jan 11, 2017
OSHA prompts more proactive approach to construction site safety
Remote operated camera systems are being used to mitigate risk in real time.
Codes and Standards | Jan 10, 2017
Plunging solar power costs making PVs more compelling for owners, developers
Technical and manufacturing advances are driving down prices.
Codes and Standards | Jan 9, 2017
Boston’s plans for new development at odds with flood projections
One plan calls for building in areas predicted to be flooded during high tides as sea levels rise.
Codes and Standards | Jan 9, 2017
New LEED for Cities, LEED for Communities pilot certifications unveiled
Requires tracking of performance data and progress toward goals.
Codes and Standards | Jan 6, 2017
OSHA prompts more proactive approach to construction site safety
Remote operated camera systems are being used to mitigate risk in real time.
