Australia leads the way as green building booms globally
06 December 2018
GBCA:
Australia continues to lead the world’s
green
building sector with further growth predicted over the next three years,
according to a new global report.
The World Green Building Trends 2018 SmartMarket Report, released by
Dodge Data and Analytics today, indicates support for the green building
sector is growing globally, with organisations across the construction
industry shifting towards more sustainable materials and practices.
It noted third-party certification systems such as the Green Building
Council of Australia’s (GBCA)
Green Star rating system were being used
to make buildings perform more efficiently yielding both commercial and
environmental gains.
“The drivers for green building in Australia are noted as market demand,
client demand and improving occupant health and
wellbeing.” the report
states.
“Australia is also notably higher than the global average for each of
these factors, demonstrating the sway they have on encouraging the green
building market in this country.”
More than 2000 industry stakeholders across 86 countries, including
architects, engineers, contractors, owners, consultants and investors,
were surveyed for the report, including GBCA members.
It found 94% of Australian respondents are involved in green building
projects, and the majority (67%) report at least a moderate level of
green activity, with 30% share or more of their work in the sector.
Notably, 46% of respondents reported more than 60% of their projects
were in the green building space, the highest of any country, and 64%
expected by 2021 the majority of their work would be in green building.
GBCA Chief Executive Officer Romilly Madew said the results were a
testament to the continued commitment and leadership of the Australian
property sector to sustainably transform the
built
environment.
“Australia’s green building sector is continuing to innovate and is
leading the world,” Ms Madew said.
“The GBCA and its Green Star rating system continue to support the
industry to set and maintain ambitious sustainability standards and
provide guidance in the delivery of better outcomes on the ground for
building owners, tenants, users and the broader community.
“2018 has been monumental for the GBCA and just last month we certified
our 2000th Green Star project.
“Understandably, commercial property continues to perform strongly in
the adoption of green building in Australia driven by world-leading
investor and market demand. Thirty-seven percent of Australia’s office
space is now Green Star certified.
“As green building expands we see huge growth opportunities in social
infrastructure, led through government procurement, and in the
residential sector.
“Investor demand to effectively manage climate risk and meet ambitious
carbon reduction targets continues to be a major driver for green
building. Increasingly though, there is a realisation of the wider
social and economic benefits from a holistic approach to sustainability,
for example improvements in health and well-being, amenity and
liveability.
“The GBCA will continue to work with government and industry to ensure
Australia continues to realise the benefits of its global leadership as
evidenced in this report.”
--ENDS--
Source: Green Building Council of Australia - www.gbca.org.au
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