The Concept of Green Building

632 Words Feb 1st, 2018 3 Pages
In the US, green building accounts approximately about 2% in 2005 of the new non-residential building market, 12% in 2008; and is expected to grow to 28%-35% in 2010. The estimates for green residential buildings are even lesser, at 0.3% of the market. But this trend is likely to grow due to high consumer confidence and a growth in the number of green builders. After the US, Australia and Canada, India has also emerged as the hottest destination for green buildings. According to the Indian Green Building Council (IGBC), the concept of green buiding is picking up the momentum in India and has grown at a strong pace highlighted by the fact that in 2001 there was 1 green building with 20,000 sq. ft. and by 2013 this had grown to about 2,236 green buildings with 1.65 billion sq. ft. depicting strong growth. This kind of growth of green construction is mostly observed in commercial, corporate (Special Economic Zones), and industrial buildings both from the public and private sectors.

The benefits of green building can be divided into environmental benefits, economic benefits and health and community benefits. The environmental benefits could improve and protect ecosystems and biodiversity. Better design and building practices can help in addressing environmental challenges such…