Global green building doubles every three years on average, and emerging economies like Brazil shows potential future green development as much as six times the current levels, according to the World Green Building Trends 2016 report.
Global green building doubles every three years on average, and emerging economies like Brazil shows potential future green development as much as six times the current levels, according to the World Green Building Trends 2016 report.
The report, to which the United States Green Building Council is a contributing partner, is available for free online for signing up for Dodge Research and Analytics.
One key takeaway highlighted in the report is the trigger for green building has changed since 2008. Then, the majority of respondents said green building was the “right thing to do,” but now they said green building is triggered by client demand.
The top obstacles to green building vary between countries. In the United States, it’s the higher perceived cost. In India, it’s a lack of public awareness. In Colombia, there is a lack of political support. And in Australia, the main obstacle is a lingering perception that green building is for only high-end projects.
Green building makes up 41 percent of all building projects in South Africa, the country with the largest share among the countries surveyed. Saudi Arabia has the smallest share, with 24 percent.
The report is drawn from survey respondents representing 69 countries, 13 of which provided statistically significant results.