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
| Aug 3, 2016
Top 90 Green Building Construction Firms
Turner Construction Co., Clark Group, and Hensel Phelps top Building Design+Construction’s annual ranking of the nation’s largest green building sector construction and construction management firms, as reported in the 2016 Giants 300 Report.
| Aug 2, 2016
Top 130 Green Building Architecture Firms
Gensler, Stantec, and HOK top Building Design+Construction’s annual ranking of the nation’s largest green building sector architecture and A/E firms, as reported in the 2016 Giants 300 Report.
Sponsored | Green | Jul 29, 2016
Collaborating for a greener world
As one of the leading manufacturers of coating products in the world, Valspar is setting an example for the entire industry by incorporating best practices and materials into their coatings
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.
Green | Jul 18, 2016
Newark passes nation’s first ‘environmental justice’ ordinance
Requires city planning officials to get more information from developers to ensure healthy, sustainable projects.
Green | Jul 6, 2016
U.S. healthcare system’s GHG emissions rise 30% in past decade
If U.S. healthcare were a country, it would rank 13th in GHG emissions.
Green | Jul 1, 2016
Green Business Certification Inc. names Kirksey Architecture LEED Proven Provider
Kirksey is the first Houston-based firm with designation and role as high-quality LEED administrator
Green | Jul 1, 2016
Perkins Eastman pledges to use EDGE green building system for five upcoming international projects
The firm will partner with the International Finance Corporation to promote sustainable building in emerging markets like India and China.
Green | Jun 28, 2016
Green Breakthrough: The new invention behind sustainable temperature control
CallisonRTKL’s sustainable design expert Pablo La Roche shares Xylem, the latest innovation on creating thermal comfort.