06 Oct '11, 5pm

Certified green buildings in Europe to quadruple by 2016, report says

06 Oct 2011: Green Buildings in Europe To Quadruple by 2016, Report Says European mandates for improved energy efficiency and reduced carbon emissions will help drive a steep growth in the market for green construction in the coming years, with the amount of certified green building space projected to nearly quadruple by 2016 , according to a new market study. With all new building construction and major renovations subject to nearly zero-energy standards by 2020, a report from U.S.-based Pike Research projects that the percentage of total building space certified as green will increase from less than 1 percent to more than 2 percent, to 687 million square meters. That market will largely be shaped by ambitious European Union targets, including a goal to reduce greenhouse gas emissions from all buildings by 20 percent by 2020, increase the use of renewable energy sources b...

Full article: http://e360.yale.edu/digest/green_buildings_in_europe_to_...

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