Global green building projects expected to double by 2018


U.S. construction companies plan on increasing their involvement in green building over the next three years, according to the new World Green Building Trends Study from Dodge Data & Analytics, conducted with support from United Technologies Corp. and its UTC Climate, Controls & Security business. The U.S. is also one of the global leaders in the percentage of firms expecting to construct new green institutional projects and green retrofits of existing buildings…

In the U.S., the highest percentage of respondents report that they expect to work on new green institutional projects (such as schools, hospitals, and public buildings), green retrofits of existing buildings and new green commercial construction (such as office and retail buildings) in the next three years. When compared with global averages, it becomes clear that the U.S. is a leader in new green institutional construction and green retrofits of existing buildings.

  • 46 percent of U.S. respondents expect to work on new green institutional buildings, compared to 38 percent globally;
  • 43 percent of U.S. respondents plan to work on green retrofits of existing buildings, again well above the global average of 37 percent.

The U.S. is also notable for having the lowest percentage of respondents who report that their company uses metrics to track green building performance. Only 57 percent of U.S. respondents report using metrics, compared to a 75 percent average globally. This may be linked to the fact that the U.S. is also the country with the highest level of concern reported about higher perceived first costs for green building, notably more than the percentage who consider this an important challenge to green in other developed countries with active construction markets like Germany and the U.K…

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