Green Buildings Market to 2015 Incentives for Green Initiatives and Minimum Level of Standards to

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					             Green Buildings Market to 2015 - Incentives for Green
               Initiatives and Minimum Level of Standards to Boost
                               Growth Opportunities
     Reference Code: GBICT0032ICR                                                                                   Publication Date: December 2010

                                       The Global Green Building Market is Expected to Reach $606.8 Billion by 2015
   The global green building           The global green building market was worth $26.2 billion in 2005 and the market grew at a CAGR
   market was worth $26.2              of 53.8% over 2005–2009, to reach $146.5 billion in 2009. The global green building market is
   billion in 2005 and the             estimated to be $194.6 billion in 2010. The global green building market is expected to grow at a
   market grew at a CAGR of            CAGR of 25.5% to reach $606.8 bn by 2015.
   53.8% over 2005–2009, to
   reach $146.5 billion in               Global Green Buildings Market, 2005–2010, 2015
   2009.


                                                                                                                                               $606.8 bn
                                                    The green building movement is gaining ground due to….
                                                    • Exemplary Government Involvement
                                                    • Growing Climate Change Concerns
                                                    • Increasing Awareness about Green Buildings
                                                    • Rising Energy Costs




                                                                                                                           Growth Drivers




                                                                                                $194.6 bn




                                                $26.2 bn


                                                  2005     2006      2007     2008      2009      2010       2011   2012      2013      2014     2015


                                         Source: GBI Research



                                       Despite the slump in the US construction market in 2007-2008, the green building market in North
                                       America is growing dramatically. By 2013, it is estimated that the market could grow to as much as
                                       $140.3 billion. Homeowners and developers are increasingly embracing more environmentally
                                       friendly designs for their buildings. A large cross-section of owners are also aggressively retrofitting
                                       and remodeling buildings in their existing portfolio to meet green building requirements. The green
                                       building market in Canada is also gaining traction as the provincial governments are establishing
                                       green building standards for government buildings. For instance, the British Columbia
                                       government’s Energy Efficient Buildings Strategy subscribes to the government’s goal to reduce
                                       Green House Gases (GHG) emissions by 33% from 2007 levels by 2020, as well as electricity self-
                                       sufficiency by 2016. The Energy Efficient Buildings Strategy has set targets for commercial,
                                       industrial and government buildings.
                                       The European green building market is driven by stringent policies aimed to achieve the European
                                       Union (EUs) climate goals — the Energy Performance of Buildings Directive (Recast), 2010/31/EU,
                                       requires that all new buildings must be nearly zero energy buildings by 2020 and member states
                                       shall set intermediate targets for 2015. Also, the member states shall draw up national action plans
                                       for increasing the number of nearly zero energy buildings. These national action plans shall include
                                       policies and measures to stimulate the transformation of buildings which are refurbished into nearly
                                       zero energy buildings. The green building movement is gaining ground among Asian countries and
                                       the green building market is expected to grow at a rapid rate.

Green Buildings Market to 2015 - Incentives for Green Initiatives                                                     GBICT0032ICR /Published DEC 2010
and Minimum Level of Standards to Boost Growth Opportunities
                                                                                                                                                           Page 1
                                                                                  © GBI Research. This is a licensed product and is not to be photocopied
                                       Green Buildings are Increasingly seen as a Silver Bullet to Counter the Threats of Climate
                                       Change, Resource Scarcity, and the Widening Energy Supply-Demand Gap
                                       Climate change, resource scarcity, and widening energy supply-demand gap – world faces a wide
                                       range of challenges today. Urgent action is essential because any delay will worsen the climate
                                       change and increase associated costs needed for climate stability and a sustainable future. A
                                       multitude of actions are needed in order to gearing the earth towards sustainable and greener
                                       future, which include transformation of the building sector into a major part of the response to
                                       climate change.

                                         Global Annual GHG Emissions, % Share by Sectors, 2008

                                                                                                            The building sector contributes up to
                                                                                                           39% of global annual green house gas
                                                                                                                         emissions
                                                     Commercial Buildings,
                                                           21%



                                                                                      Industry, 33%


                                                                                                           In the US, 70% of the electricity is used
                                                                                                              in building of which 43% is used in
                                                                              Transportation, 28%                      commercial space
                                                         Homes, 18%




                                         Source: GBI Research, US Department of Energy - Building Energy Databook, 2008



                                       Buildings are responsible for approximately 30% of raw material use, account for 40 % of world’s
                                       energy consumption and contribute more carbon emissions than transportation sector. Given the
                                       inefficiencies of existing building stock worldwide coupled with the impact of the massively growing
                                       construction activities, GHG emissions from building will more than double in the next 20 years, if
                                       not checked. Policy makers thus understand that if targets for greenhouse gas emissions
                                       reductions are to be met, rapid achievement of low-emission buildings should be a linchpin of
                                       national climate change strategy. Therefore, one of the important policies is the achievement of
                                       zero- or low-emission buildings, i.e. green buildings. Sustainable buildings or typically called ‘Green
                                       Buildings” aim to radically reduce the energy consumption, carbon emissions and manage climate
                                       change.
                                       In response to the constantly rising energy cost, homeowners and developers are embracing green
                                       building practices. According to a study from the World Bank, every 1% increase in per capita GNP
                                       leads to an almost equal factor increase in energy consumption. However, this ratio can be even
                                       greater than 1% in the urban population, which can increase energy consumption by 2.2%. Building
                                       energy use in the US is substantially higher and it is likely to continue. Energy consumption in the
                                       building sector (residential and non-residential) in high growth economies such as China, India and
                                       Brazil will rapidly grow. Under the business as usual scenario, commercial building energy use in
                                       China will more than double by 2030.




Green Buildings Market to 2015 - Incentives for Green Initiatives                                                     GBICT0032ICR /Published DEC 2010
and Minimum Level of Standards to Boost Growth Opportunities
                                                                                                                                                       Page 2
                                                                                © GBI Research. This is a licensed product and is not to be photocopied
                                         Building Energy Projections by Region, (Thousands of TWh), 2003 vs. 2030

                                                                             8
                                                                                              Commercial
                                                                             7
                                                                                              Residential
                                                                             6




                                                      Thousands of TWh
                                                                             5


                                                                             4


                                                                             3


                                                                             2


                                                                             1


                                                                         -




                                                                                                   2003




                                                                                                                         2003




                                                                                                                                                        2030




                                                                                                                                                                        2030
                                                                                 2003



                                                                                            2030




                                                                                                                  2030




                                                                                                                                     2030



                                                                                                                                            2003




                                                                                                                                                                 2003




                                                                                                                                                                               2003



                                                                                                                                                                                          2030
                                                                                    China                 India             Brazil                 US          Europe (OECD)          Japan


                                         Source: GBI Research, IEA. International Energy Outlook. 2006



                                       In response to environmental concerns and rising energy costs, government leaders, architects and
                                       developers are increasingly adopting green building policies to help reduce energy, water,
                                       electricity and other resource usage in building construction, operation and rehabilitation. Energy
                                       prices in Europe’s biggest economies are high as compared to other regions, due to heavy
                                       government taxes. Higher electricity prices make investments in green building more attractive. The
                                       green building sector is increasingly becoming mainstream as rising energy cost has sparked
                                       greater acceptance and adoption.
                                       The Two-Pronged Strategy of Incentivizing Green Initiatives and Enforcing a Minimum Level
                                       of Standards Bodes Well for the Development of Green Buildings
                                       Governments across the globe have adopted a wide range of strategies including financial or
                                       structural incentives and policy instruments such as mandatory labeling and certification programs
                                       and building codes to encourage green buildings. Various governments are leading by example
                                       implementing a two-pronged strategy of incentivizing green initiatives and enforcing a minimum
                                       level of standards. Several state and local governments already offer financial incentives in the
                                       form of tax credits or grants in order to reward home owners and developers who practice green
                                       building techniques. Financial assistance in the form of revolving loan funds is yet another measure
                                       which helps to lower the up-front costs associated with some green building practices. Various
                                       governments have adopted policy and regulatory instruments as a cudgel for accelerated
                                       sustainable development. These policies include building codes, building certification and labelling
                                       systems. Governments in many countries have set a minimum level of standard for buildings and
                                       are increasingly addressing energy efficiency in existing buildings and new construction. The policy
                                       instrument is set to drive the green building market.




Green Buildings Market to 2015 - Incentives for Green Initiatives                                                                                              GBICT0032ICR /Published DEC 2010
and Minimum Level of Standards to Boost Growth Opportunities
                                                                                                                                                                                                 Page 3
                                                                                                          © GBI Research. This is a licensed product and is not to be photocopied
                                       Economy Recovery is expected to have a Positive Ripple Effect on the Global Construction
                                       Market
                                       The global economic crisis triggered by the US sub-prime crisis in 2007 led to restrictions on credit
                                       and the loss of consumer confidence globally. The global economic slowdown thus severely slowed
                                       the residential building construction industry; most affected were developed nations such as the
                                       US, the UK and Western European nations. The global construction market contracted 2.4% in
                                       2009 from 2008 levels.
                                       Although economic recovery is beginning to take shape across various parts of the globe, the
                                       global economic recovery will largely be led by emerging nations. The construction industry is likely
                                       to follow the global economic recovery. The recovery will further augment with growth in private
                                       investment in construction markets of emerging nations, anticipated growth of Eastern European
                                       countries due to accession to the EU. The developed nations are expected to stimulate demand
                                       through tax breaks and subsidies, federal and state tax credits. These incentives are expected to
                                       generate revenues for the construction industry in the short term so that it stays afloat, until the
                                       industry gets higher demand organically. Furthermore, the institutional building construction market
                                       is expected to witness a robust growth in the years ahead – primarily due to the continued
                                       government spending and international aid. Education and healthcare sectors are likely to attract
                                       the major portion of government spending. In addition to the government funding, healthcare and
                                       educational sectors in underdeveloped and developing nations are expected to receive
                                       international aid, which will support the growth of the construction industry in these categories. The
                                       global construction market is expected to witness a CAGR of 7.6% during the forecast period
                                       2010–2015, from $4,759.6 billion in 2010 to $6,875.7 billion in 2015.

                                         Global Construction Market, Revenue ($bn), 2005–2015

                                                                     8,000


                                                                     7,000


                                                                     6,000


                                                                     5,000
                                                     Revenue ($bn)




                                                                     4,000


                                                                     3,000


                                                                     2,000


                                                                     1,000


                                                                       -
                                                                             2005   2006   2007   2008   2009   2010   2011   2012   2013   2014   2015


                                         Source: GBI Research




Green Buildings Market to 2015 - Incentives for Green Initiatives                                                             GBICT0032ICR /Published DEC 2010
and Minimum Level of Standards to Boost Growth Opportunities
                                                                                                                                                          Page 4
                                                                                           © GBI Research. This is a licensed product and is not to be photocopied
                                       Policy and Regulatory Instruments could promote Accelerated Sustainable and Equitable
                                       Development in Asia-Pacific Region
                                       Policy and regulatory instruments could become the legal framework to channelize accelerated
                                       sustainable and equitable development in Asia-Pacific Region. In Asia-Pacific, policy instruments
                                       such as mandatory labeling and certification programs and building codes to encourage green
                                       buildings are primarily used to accelerate the adoption of green technologies in building. Strict
                                       enforcement of standards of energy-efficiency design for construction industries is driving the green
                                       building market in the current scenario. The building inspection programs are instituted by the
                                       central government to ensure strict enforcement of mandatory national building energy standards.
                                       The stakeholders such as design institutions, developers and construction companies stand the
                                       risk of losing their licenses or certificates if they do not comply with the regulations. In Japan,
                                       mandatory reporting of energy conser¬vation measures is required for both non-residential
                                       buildings and residential building. In Korea, the Ministry of Land, Transport and Maritime Affairs
                                       plans to make energy reduction mandatory by 2017. The Land Ministry envisages that by 2025,
                                       conventional buildings will be replaced buildings which minimize fuel energy consumption through
                                       the use of alternative energy sources. Sustainability of the built environment is a key issue in
                                       Singapore — there is increasing pressure for the construction industry in Singapore to consider the
                                       environmental impacts of its projects. The Inter-Ministerial Committee on Sustainable Development
                                       (IMCSD) of Singapore announced its second Green Building Masterplan that aims to green 80% of
                                       all buildings in Singapore by 2030. Government has set the target of a 35% reduction in energy
                                       intensity (consumption per dollar GDP) by 2030 from 2005 levels. To jumpstart the ‘greening’ of
                                       existing buildings in the private sector, a $100m incentive for private building owners to retrofit
                                       existing buildings is earmarked. Stronger energy efficiency requirements of the commercial
                                       buildings are being proposed part of the 2010 update to the Building Code of Australia.
                                       GBI Research expects that the cumulative green certified space in the Asia-Pacific region will grow
                                       from 507.4 million square feet in 2010 to 3,314.2 million square feet in 2015.




Green Buildings Market to 2015 - Incentives for Green Initiatives                                          GBICT0032ICR /Published DEC 2010
and Minimum Level of Standards to Boost Growth Opportunities
                                                                                                                                         Page 5
                                                                          © GBI Research. This is a licensed product and is not to be photocopied
                                       1 Table of Contents
                                       1   Table of Contents ........................................................................................................................ 6
                                           1.1    List of Tables..................................................................................................................... 8
                                           1.2    List of Figures ................................................................................................................. 10
                                       2   Introduction................................................................................................................................ 11
                                           2.1    GBI Research Report Guidance ..................................................................................... 12
                                       3   Green Building Industry – Market Dynamics.............................................................................. 13
                                           3.1    Green Building Industry, Key Drivers .............................................................................. 13
                                              3.1.1    Exemplary Government Involvement — Mandates, Policies to Promote GHG
                                                       Mitigation and Financial Incentive for Green Initiatives are Exemplars of Government
                                                       Involvement ............................................................................................................. 13
                                              3.1.2    Growing Environmental and Climate Change Concerns ......................................... 17
                                              3.1.3    Increasing Awareness about Green Buildings ......................................................... 18
                                              3.1.4    Rising Energy Costs ................................................................................................ 18
                                           3.2    Green Building Industry, Key Restraints ......................................................................... 19
                                              3.2.1    Financial Restraints ................................................................................................. 19
                                              3.2.2    Organizational Restraints ........................................................................................ 19
                                       4   Global Construction Market Revenues ($bn), 2005–2015 ......................................................... 20
                                           4.1    Global Construction Market Overview............................................................................. 20
                                           4.2    Global Residential and Non-Residential Building Construction Market Revenues ($bn),
                                                  2005–2015 ...................................................................................................................... 22
                                           4.3    Global Residential Building Construction Market Revenues ($bn), 2005–2015 .............. 24
                                           4.4    Global Non-Residential Building Construction Market Revenues ($bn), 2005–2015 ...... 26
                                           4.5    North America Residential and Non-Residential Building Construction Market Revenues
                                                  ($bn), 2005–2015............................................................................................................ 28
                                           4.6    North America Residential Building Construction Market, Revenue ($bn), 2005–2015 .. 29
                                           4.7    North America Non-Residential Building Construction Market, Revenue ($bn), 2005–
                                                  2015................................................................................................................................ 31
                                           4.8    Europe Residential and Non-Residential Building Construction Market, Revenue ($bn),
                                                  2005–2015 ...................................................................................................................... 33
                                           4.9    Europe Residential Building Construction Market, Revenue ($bn), 2005–2015.............. 34
                                           4.10 Europe Non-Residential Building Construction Market, Revenue ($bn), 2005–2015...... 35
                                           4.11 Asia-Pacific Residential and Non-Residential Building Construction Market, Revenue
                                                  ($bn), 2005–2015............................................................................................................ 36
                                           4.12 Asia-Pacific Residential Building Construction Market, Revenue ($bn), 2005–2015 ...... 38
                                           4.13 Asia-Pacific Non-Residential Building Construction Market, Revenue ($bn), 2005–2015...
                                                        ................................................................................................................................ 39
                                           4.14 Rest of the World (RoW) Residential and Non-Residential Building Construction Market,
                                                  Revenue ($bn), 2005–2015 ............................................................................................ 41
                                           4.15 Rest of the World (RoW) Residential Building Construction Market, Revenue ($bn),
                                                  2005–2015 ...................................................................................................................... 42
                                           4.16 Rest of the World (RoW) Non-Residential Building Construction Market, Revenue ($bn),
                                                  2005–2015 ...................................................................................................................... 43
                                       5   Global Green Building Market.................................................................................................... 44
                                           5.1    Overview ......................................................................................................................... 44
                                           5.2    Global Green Building Market ......................................................................................... 45
                                              5.2.1    Global Green Building Market, Revenue ($bn), 2005–2015 .................................... 45
                                              5.2.2    Global Green Building Market, Cumulative Green Floor Area (Million Square Feet),
                                                       2005–2015 .............................................................................................................. 46
                                           5.3    North America Green Building Market ............................................................................ 47
                                              5.3.1    North America Green Building Market, Revenue ($bn), 2005–2015........................ 47
                                              5.3.2    North America Green Building Market, Cumulative Green Floor Area (Million Square
                                                       Feet), 2005–2015 .................................................................................................... 48
                                           5.4    Europe Green Building Market........................................................................................ 50
                                              5.4.1    Europe Green Building Market, Revenue ($bn), 2005–2015 ................................... 50



Green Buildings Market to 2015 - Incentives for Green Initiatives                                                                       GBICT0032ICR /Published DEC 2010
and Minimum Level of Standards to Boost Growth Opportunities
                                                                                                                                                                                 Page 6
                                                                                          © GBI Research. This is a licensed product and is not to be photocopied
                                               5.4.2 Europe Green Building Market, Cumulative Green Floor Area (Million Square Feet),
                                                     2005–2015 .............................................................................................................. 52
                                         5.5    Asia-Pacific Green Building Market................................................................................. 53
                                            5.5.1    Asia-Pacific Green Building Market, Revenue ($bn), 2005–2015............................ 53
                                         5.6    Rest of the World (RoW) Green Building Market ............................................................ 56
                                            5.6.1    Rest of the World (RoW) Green Building Market, Revenue ($bn), 2005–2015 ....... 56
                                            5.6.2    Rest of the World (RoW) Green Building Market, Cumulative Green Floor Area
                                                     (Million Square Feet), 2005–2015 ........................................................................... 57
                                       6 Global Green Building Market, Major International and National Certification Programs........... 58
                                         6.1    Asia-Pacific, Green Building Certifying Agencies and Rating Systems........................... 58
                                            6.1.1    Australia .................................................................................................................. 58
                                            6.1.2    China ....................................................................................................................... 60
                                            6.1.3    India......................................................................................................................... 61
                                            6.1.4    Japan....................................................................................................................... 62
                                            6.1.5    Singapore ................................................................................................................ 63
                                         6.2    Europe, Green Building Certifying Agencies and Rating Systems .................................. 63
                                            6.2.1    France ..................................................................................................................... 63
                                            6.2.2    Germany.................................................................................................................. 64
                                            6.2.3    Netherlands ............................................................................................................. 66
                                            6.2.4    Spain ....................................................................................................................... 67
                                            6.2.5    United Kingdom ....................................................................................................... 67
                                         6.3    North America, Green Building Certifying Agencies and Rating Systems....................... 68
                                            6.3.1    Canada .................................................................................................................... 68
                                            6.3.2    United States ........................................................................................................... 69
                                       7 Technology Analysis.................................................................................................................. 70
                                         7.1    Environment Impact Analysis of Buildings ...................................................................... 70
                                            7.1.1    Impact on Air ........................................................................................................... 70
                                            7.1.2    Impact on Water ...................................................................................................... 70
                                            7.1.3    Impact due to Landfill .............................................................................................. 70
                                         7.2    Technology Analysis of Green Building Components ..................................................... 71
                                            7.2.1    Energy Efficient Components of Green Buildings.................................................... 71
                                            7.2.2    Water Efficiency in Green Buildings ........................................................................ 75
                                            7.2.3    Effluent Efficiency in Green Buildings...................................................................... 80
                                            7.2.4    Material Efficiency in Green buildings...................................................................... 81
                                            7.2.5    Air, Environment Quality and Health........................................................................ 90
                                       8 Appendix ................................................................................................................................... 92
                                         8.1    About GBI Research ....................................................................................................... 92
                                         8.2    Market Definition ............................................................................................................. 92
                                            8.2.1    Green Building......................................................................................................... 92
                                            8.2.2    Green Building Market............................................................................................. 92
                                            8.2.3    Construction Market Definitions............................................................................... 92
                                            8.2.4    Geographies covered .............................................................................................. 92
                                         8.3    Abbreviations .................................................................................................................. 93
                                         8.4    Methodology ................................................................................................................... 95
                                            8.4.1    Coverage ................................................................................................................. 95
                                            8.4.2    Secondary Research ............................................................................................... 95
                                            8.4.3    Primary Research.................................................................................................... 95
                                            8.4.4    Expert Panel Validation ........................................................................................... 96
                                         8.5    Contact Us ...................................................................................................................... 96
                                         8.6    Disclaimer ....................................................................................................................... 96




Green Buildings Market to 2015 - Incentives for Green Initiatives                                                                     GBICT0032ICR /Published DEC 2010
and Minimum Level of Standards to Boost Growth Opportunities
                                                                                                                                                                              Page 7
                                                                                         © GBI Research. This is a licensed product and is not to be photocopied
                                       1.1      List of Tables
                                       Table 1:     Green Building Fundamental Elements.......................................................................... 12
                                       Table 2:     Impact and Effectiveness of Economic and Market-based Instruments to Mitigate GHG
                                                    Emission in the Buildings Sector .................................................................................... 14
                                       Table 3:     Impact and Effectiveness of Financial instruments and incentives to Mitigate GHG
                                                    Emission in the Buildings Sector .................................................................................... 15
                                       Table 4:     Impact and Effectiveness of Control and Regulatory Mechanisms to Mitigate GHG
                                                    Emission in the Buildings Sector .................................................................................... 16
                                       Table 5:     Global Construction Market, Revenue ($bn), 2005–2015 .............................................. 21
                                       Table 6:     Global Residential and Non-Residential Building Construction Market, Revenue ($bn),
                                                    2005–2015 ..................................................................................................................... 23
                                       Table 7:     Global Residential Building Construction Market, Revenue ($bn), 2005–2015 .............. 25
                                       Table 8:     Global Non-Residential Building Construction Market, Revenue ($bn), 2005–2015 ...... 27
                                       Table 9:     North America Residential and Non-Residential Building Construction Market, Revenue
                                                    ($bn), 2005–2015........................................................................................................... 28
                                       Table 10:    North America Residential Building Construction Market, Revenue ($bn), 2005–2015 . 30
                                       Table 11:    North America Non-Residential Building Construction Market, Revenue ($bn), 2005–
                                                    2015 ...............................................................................................................................32
                                       Table 12:    Europe Residential and Non-Residential Building Construction Market, Revenue ($bn),
                                                    2005–2015 ..................................................................................................................... 33
                                       Table 13:    Europe Residential Building Construction Market, Revenue ($bn), 2005–2015............. 35
                                       Table 14:    Europe Non-Residential Building Construction Market, Revenue ($bn), 2005–2015 ..... 36
                                       Table 15:    Asia-Pacific Residential and Non-Residential Building Construction Market, Revenue
                                                    ($bn), 2005–2015........................................................................................................... 37
                                       Table 16:    Asia-Pacific Residential Building Construction Market, Revenue ($bn), 2005–2015 ..... 38
                                       Table 17:    Asia-Pacific Non-Residential Building Construction Market, Revenue ($bn), 2005–2015
                                                     ....................................................................................................................................... 40
                                       Table 18:    Rest of the World (RoW) Residential and Non-Residential Building Construction Market,
                                                    Revenue ($bn), 2005–2015 ........................................................................................... 41
                                       Table 19:    Rest of the World (RoW) Residential Building Construction Market, Revenue ($bn),
                                                    2005–2015 ..................................................................................................................... 42
                                       Table 20:    Rest of the World (RoW) Non-Residential Building Construction Market, Revenue ($bn),
                                                    2005–2015 ..................................................................................................................... 43
                                       Table 21:    Global Green Building Market, Revenue ($bn), 2005–2015 ........................................... 45
                                       Table 22:    Global Green Building Market, Cumulative Floor Area (Million Square Feet), 2000–2015
                                                     ....................................................................................................................................... 46
                                       Table 23:    North America, Green Building Market, Revenue ($bn), 2005–2015 ............................. 48
                                       Table 24:    North America Green Building Market, Cumulative Floor Area (Million Square Feet),
                                                    2000–2015 ..................................................................................................................... 49
                                       Table 25:    Europe, Green Building Market, Revenue ($bn), 2005–2015......................................... 51
                                       Table 26:    Europe Green Building Market, Cumulative Floor Area (Million Square Feet), 2000–2015
                                                     ....................................................................................................................................... 52
                                       Table 27:    Asia-Pacific, Green Building Market, Revenue ($bn), 2005–2015 ................................. 54
                                       Table 28:    Asia-Pacific Green Building Market, Cumulative Floor Area (Million Square Feet), 2000–
                                                    2015 ...............................................................................................................................55
                                       Table 29:    Rest of the World (RoW), Green Building Market, Revenue ($bn), 2005–2015 ............. 56
                                       Table 30:    Rest of the World (RoW) Green Building Market, Cumulative Floor Area (Million Square
                                                    Feet), 2000–2015........................................................................................................... 57
                                       Table 31:    Australia, Green Star Rating Tool Categories ................................................................ 59
                                       Table 32:    Australia, Green Star Rating Criteria.............................................................................. 59
                                       Table 33:    China, Three Star System, Item Requirement for Grade Classification of Residential
                                                    Green Building ............................................................................................................... 60
                                       Table 34:    China, Three Star System, Item Requirement for Grade Classification of Public Green
                                                    Building .......................................................................................................................... 60
                                       Table 35:    India, GHIRA, Criteria of the Rating System .................................................................. 61
                                       Table 36:    India, GHIRA, Rating System......................................................................................... 62
                                       Table 37:    Germany, DGNB’s Six Fields for the Assessment of the Total Performance Index ....... 65
                                       Table 38:    UK. BREEAM Rating System..................................................................
				
DOCUMENT INFO
Description: Green Buildings Market to 2015 - Incentives for Green Initiatives and Minimum Level of Standards to Boost Growth Opportunities Summary GBI Research’s new report, “Green Buildings Market to 2015 - Incentives for Green Initiatives and Minimum Level of Standards to Boost Growth Opportunities” provides the key analysis and forecast market of the global green buildings market. This report covers the key market trends and growth forecasts for a global construction industry. This report contains a detailed technical overview of these buildings and their specifications. The report includes a fair deal of discussion regarding the key restraints, key drivers, policy framework, global programs, and industry trends. Green buildings are increasingly seen as a silver bullet to counter the threats of climate change, resource scarcity, and the widening energy supply-demand gap. Buildings are responsible for approximately 30% of raw material use, account for 40 % of world’s energy consumption and contribute more carbon emissions than transportation sector. Given the inefficiencies of existing building stock worldwide coupled with the impact of the massively growing construction activities, GHG emissions from buildings will more than double in the next 20 years, if not checked. Policy makers thus understand that if targets for greenhouse gas emissions reductions are to be met, rapid achievement of low-emission buildings should be a linchpin of national climate change strategy. Governments across the globe have adopted a wide range of strategies including financial or structural incentives and policy instruments such as mandatory labeling and certification programs and building codes to encourage green buildings. The two-pronged strategy of incentivizing green initiatives and enforcing a minimum level of standards bodes well for the development of green buildings. This report is built using data and information sourced from proprietary databases, primary and secondary resear
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