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Report: the green building era hits China
July 9, 2015
Report: the green building era hits China
The Fifth Estate
Thursday 9 July 2015
China’s green building industry is exploding, with green space growing 154 times since 2008 and taking the lead from the US in terms of gross floor area, according to a new research report from global real estate services company CBRE.
The New Era of Green Buildings in China found that as of January 2015, China had 2538 projects with the country’s Green Building Evaluation Standard certification, representing gross floor area of 290 million square metres, as well as 627 LEED projects as of April 2015, adding an additional 28 million sq m.
“Adding the green building stock certified under the China Green Standard and LEED together, China already has 3165 certified green buildings, amounting to a total GFA of 320 million sq m, slightly higher than the 310 million sq m of certified LEED GFA in the US,” the report said.
While China had begun relatively late in the green building space, the report said the size of the Chinese construction industry (the largest in the world) meant there was significant room for growth. With increasing concern over environmental issues a strong pressure point, and a government commitment to reform the economy, further strong green building action is expected.
Read more at Eco-Business.
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