Green building continues to play a growing role in the construction industry, with building industry professionals forecasting that more than 60 percent of their projects will be “green” by 2018.
This, according to the World Green Building Trends 2016 SmartMarket Report, by Dodge Data & Analytics and United Technologies Corporation, shows the rising global demand for green building, which the report says continues to double every three years.
Why build green? The survey found that green buildings offer significant operational cost savings compared with traditional buildings. Respondents — these include more than 1,000 survey participants from 69 countries — said they expect a 14 percent savings in operational costs over five-year savings for new green buildings and 13 percent savings in operational costs over five years for green retrofits and renovations.