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
Concrete | Aug 2, 2016
Concrete Association builds case against cross-laminated timber
The campaign asserts that not enough is known about CLT in construction
Seismic Design | Jul 28, 2016
Risk of man-made earthquakes now factor in seismic hazard analysis
Significant risk increases seen in some areas of the U.S.
Resiliency | Jul 27, 2016
New York’s resilience plans not taking long-term view, critics charge
Continued waterfront development may be regretted later this century.
Green Specifications | Jul 26, 2016
New Miami Beach law requires LEED certification on projects larger than 7,000 sf
LEED Silver the prescribed standard on buildings larger than 50,000 sf.
Energy | Jul 25, 2016
Michigan law provides local governments with flexible energy conservation financing
Allows cities to fund projects without adding debt.
Contractors | Jul 15, 2016
Trade unions, contractors call for maximum penalty in construction worker death case
‘Sick and tired’ of lawbreaking contractors defining public perception.
Multifamily Housing | Jul 14, 2016
Portland, Ore., City Council approves construction excise tax for affordable housing
Expected to raise $8 million annually on commercial and residential projects.
Drones | Jul 13, 2016
FAA issues final rule on commercial use of drones
The rule covers commercial uses for drones that weigh less than 55 pounds, and it takes effect Aug. 29.
Codes and Standards | Jul 12, 2016
OSHA raises maximum civil penalties by 78%
Applies to infractions that occurred after Nov. 2, 2015.
School Construction | Jul 11, 2016
Fight over school funding in Arizona headed to court
Legislature accused of ignoring 1994 ruling ordering state to pick up some of the costs.