India ranks third among for its Leadership in Energy and Environmental Design (LEED) certified buildings, listed by US Green Building Council (USGBC). Currently, there are 2,386 projects participating in LEED across the country with 15.90 million gross sq. m. (GSM) of LEED-certified space and an additional 89.28 million cumulative GSM of LEED-certified and registered space.
LEED, world’s most recognized green building rating system, analyzed more than 162 countries’ buildings based on the parameters like sustainable building design, construction and operations. China topped among all with 34.62 million GSM followed by Canada at second place.
According to a Dodge Data & Analytics World Green Building Trends 2016 SmartMarket Report, India is expected to double the number of green buildings in every three years. With increased consumer demand, the world’s green building market is expected to reach $234 billion by 2019.
“With a focus on LEED and green buildings, India is prioritizing environmental and human health in the built environment on a holistic scale and helping us get one step closer to a green building for all within this generation,” says Mahesh Ramanujam, President & CEO, USGBC.
At present, LEED certifies on an average of 170,000 GSM of space every day across the globe. There are more than 82,000 projects participating in LEED with 1.4 billion GSM of space worldwide and an additional 112,000 certified residential units.
Source: ET Realty