Green buildings, as represented by the LEED (Leadership in Energy and Environmental Design) Green Building Rating System of the U.S. Green Building Council, are an undisputed market success. In the eight years since the launch of LEED, green has firmly established itself among mainstream leaders in the building sector, representing tens of billions of dollars in value put in place and materials sales.
Update: To date, the authors calculations indicate that LEED Certified projects represent more than 6% of new commercial construction, but there has been an astronomical ramp-up in the past year of new project registrations, with new construction sector penetrations approaching a whopping 40%. On average, it takes approximately two years from Registration to Certification, with an attrition rate of 25% to 30%…
The Green Building Impact Report (GBIR) is the first integrated assessment of the land, water, energy, material and indoor environmental impacts of the LEED for New Construction (LEED NC), Core & Shell (LEED CS) and Existing Building (LEED EB) standards.
In this report the authors attempt to answer whether green buildings live up to their name.