Green building is doubling every three years, according to Dodge Data & Analytics' World Green Building Trends 2016 report.
This finding validates research from previous research. The report cites new trends and drivers including a rise in green building in emerging economies and increased pressure from clients and tenants for sustainability.
The survey found that 50% of respondents said higher perceived costs was the top barrier to green building, a decline from 80% in 2008 and 76% in 2012. Developing countries consider lack of public awareness and lack of political support as a key barrier to green building, while the perception of green building in the U.K. is that it's for high-end projects only.
“Seventy percent of survey respondents cite lower operating costs as the greatest benefit – and these results provide a roadmap to continue growing this important segment," according to Bob McDonough, president of UTC Climate, Controls and Security. "It becomes a cycle as building owners seek to create healthy, energy-efficient and productive environments as a selling point to tenants."
Related Stories
Giants 400 | Oct 30, 2017
Top 45 green engineering firms
WSP, AECOM, and Arup top BD+C’s ranking of the nation’s largest green sector engineering and EA firms, as reported in the 2017 Giants 300 Report.
Giants 400 | Oct 30, 2017
Top 130 green architecture firms
Gensler, Stantec, and HOK top BD+C’s ranking of the nation’s largest green sector architecture and AE firms, as reported in the 2017 Giants 300 Report.
Greenbuild Report | Oct 18, 2017
Rebuild, retreat, or resist
Hurricanes Harvey and Irma expose the necessity—and limitations—of resilient design and construction measures.
Sustainability | Oct 16, 2017
A negative emissions power plant is now operational in Iceland
The geothermal power plant in Hellisheidi, Iceland was outfitted with a Climeworks DAC module.
Sustainability | Oct 9, 2017
New Arizona State University building will reach triple net-zero performance
The science and research complex will include an atrium biome filled with plants and water.
Sustainability | Oct 4, 2017
The solutions to climate change are already at our fingertips
To keep global temperature rise below 2 degrees Celsius of warming, the International Energy Agency (IEA) reports that the global buildings sector will need to decrease its total annual greenhouse gas contribution by 77% by 2050.
Green | Oct 2, 2017
Five strategies to improve energy performance in existing buildings
After performing retro-commissioning and energy audits for more than five million square feet of existing building real estate, we have developed a list of common low/no-cost Energy Conservation Measures (ECMs) that are identified on the majority of projects.
Green | Sep 27, 2017
Wellness gains ground with real estate and property management professionals
Structure Tone survey finds LEED is still a selling point, but interest in resilience practices could be waning.
Codes and Standards | Sep 12, 2017
Washington, D.C. is first LEED Platinum city in the world
All city government buildings are powered by renewables.
Green | Sep 12, 2017
Brooklyn’s Windsor Terrace Library gets a living roof
The roof was funded through a process that allows local residents to decide how City capital dollars are spent in their neighborhoods.