GREEN BUILD­INGS

In­dia ranked third

Hindustan Times (Chandigarh) - Estates - - FRONT PAGE - HT Es­tates Cor­re­spon­dent ht­es­tates@hin­dus­tan­times.com

De­spite ram­pant vi­o­la­tions of its hous­ing laws and rules, its slums and unau­tho­rised colonies, In­dia holds prom­ise when it comes to green build­ings. The coun­try se­cured third po­si­tion this year in the US Green Build­ing Coun­cil (USGBC) an­nual rank­ing of the top 10 coun­tries for LEED (Lead­er­ship in En­ergy and En­vi­ron­men­tal De­sign ), a green build­ing rat­ing sys­tem. China, cur­rently bat­tling red-level haz­ardous smog, led the rank­ings, fol­lowed by Canada.

Build­ings ac­count for an es­ti­mated one third of global emis­sions and a green cer­ti­fi­ca­tion pro­vides cost-ef­fec­tive solutions to cli­mate change as such struc­tures gen­er­ate sig­nif­i­cant en­vi­ron­men­tal, eco­nomic and so­ci­etal ben­e­fits.

In­dia leads in the rank­ings be­cause it has 15.90 mil­lion gross square me­tres (GSM) of LEED- cer­ti­fied space and an ad­di­tional 89.28 mil­lion cu­mu­la­tive GSM of LEED-cer­ti­fied and -reg­is­tered space. About 2,386 projects are par­tic­i­pat­ing in LEED across the coun­try. In­dia is also among the top 10 coun­tries out­side the United States mak­ing progress in sus­tain­able build­ing de­sign, con­struc­tion and op­er­a­tions. Ac­cord­ing to Dodge Data and An­a­lyt­ics, which pro­vides data, an­a­lyt­ics in the North Amer­i­can com­mer­cial con­struc­tion in­dus­try, global green build­ings are ex­pected to dou­ble ev­ery three years and In­dia is a part of that trend.

The an­a­lyt­ics com­pany’s

IN­DIA LEADS THE RANK­INGS BE­CAUSE IT HAS 15.90 GROSS SQUARE ME­TRES OF LEED-CER­TI­FIED AND REG­IS­TERED SPACE

World Green Build­ing Trends 2016 Smart Mar­ket Re­port, has found that emerg­ing economies will con­tinue to be en­gines of green growth, with de­vel­op­ment vary­ing from twofold to six­fold over cur­rent green build­ing lev­els.

In­creased con­sumer de­mand has also pushed the world’s green build­ing mar­ket to a tril­lion-dol­lar in­dus­try, a surge that has led to a cor­re­spond­ing in­crease in the scope and size of the green build­ing ma­te­ri­als mar­ket, which is ex­pected to reach $234 bil­lion by 2019.

Call­ing In­dia a leader in the in­ter­na­tional com­mu­nity driv­ing mar­ket trans­for­ma­tion across the globe, d Ma­hesh Ra­manu­jam, pres­i­dent and chief ex­ec­u­tive of­fi­cer of USGBC, said “With a fo­cus on LEED and green build­ings, In­dia is pri­ori­tis­ing en­vi­ron­men­tal and hu­man health in the built envi- ron­ment on a holis­tic scale and help­ing us get one step closer to a green build­ing for all within this gen­er­a­tion.”

LEED-cer­ti­fied build­ings save en­ergy and water, help­ing res­i­dents and busi­nesses make sav­ings. Such spa­ces re­duce car­bon emis­sions and cre­ate a health­ier en­vi­ron­ment for res­i­dents, workers and the larger com­mu­nity. The anal­y­sis used to de­velop the list ranks coun­tries in terms of cu­mu­la­tive com­mer­cial LEED-cer­ti­fied GSM space as of De­cem­ber 2016. The full Top 10 Coun­tries for LEED rank­ing is as fol­lows:

As of now, 82,000 com­mer­cial projects have in­volved LEED, to­talling more than 1.4 bil­lion GSM of space world­wide. An ad­di­tional 112,000 res­i­den­tial units that have been cer­ti­fied un­der LEED Homes. An es­ti­mated 170,000 GSM of space achieves LEED cer­ti­fi­ca­tion ev­ery day in more than 162 coun­tries and ter­ri­to­ries across the globe.

USGBC is striv­ing to achieve Net Zero Car­bon des­ig­na­tion and spot lead­ers in the build­ing sec­tor for re­duc­tion in car­bon foot­print across the build­ings sec­tor as is nec­es­sary for suc­cess­ful im­ple­men­ta­tion of the Paris Agree­ment, which In­dia signed ear­lier this year.

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