Study shows green building trend across 69 countries

Study shows green building trend across 69 countries

According to a new study, building professionals – from architects and contractors to owners and engineers – are shifting their business toward green building.

More than half of respondents in a 69-country survey say that more than 60 % of their work was going green in 2015. This is a significant increase from the 28 % that said the same for their work in 2013 and double the 13 % in 2008.

The study World Green Building Trends, led by the World Green Building Council (WorldGBC). show that green building trend is localised to one country or region.

The anticipated growth in green buildings will largely be driven by countries that still have developing green markets, with firms from Mexico, Brazil, Colombia, Saudi Arabia, South Africa, China and India reporting significant growth in the percentage of their projects that they expect to certify as green.

The survey highlights the expected benefits seen by the building industry.

Global industry professionals have high expectations of the operating cost benefits of green building—19 % believe their operating costs will decrease by 15 % or more over the next year (51 % believe there will be increases of 6 % or more), and 39 % believe they will see savings of 15 % or more over the next five years (67 % expect savings of 6 % or more).

The key driver to going green, according to the survey, is that now green building is a business imperative around the world. In its 2008 report, it was found that the top driver for green building was “doing the right thing”. However by 2012, business drivers such as client and market demand are the key factors influencing the market.

The findings published in the report are drawn from a McGraw-Hill Construction survey of construction-related firms across 62 countries around the world. The firms include architects, engineers, contractors, consultants and building owners. Of the respondents, 92 percent are members of Green Building Councils around the world.

WorldGBC chief executive Terri Wills said: “This study offers further evidence on the strong business case for green building – the growth of which is now truly a global phenomenon.

“Green building is playing a critical role in the development
of many emerging economies, particularly as their populations grow and create a pressing need for a built environment that is both sustainable and ensures a high quality of life.”

Read report here