Monday, 26 June 2017

Green Buildings Impact On Economy - Rating System

Leadership in Energy and Environmental Design
Quest for LEED Certification is on the increase. LEED stands for Leadership in Energy and Environmental Design. It is a 'Green Building Certification' Program or Rating System. It is developed by U.S. Green Building Council (USGBC) and includes a set of rating systems for the design, construction, operation, and maintenance of green buildings, homes, and neighbourhoods that aims to help building owners and operators be environmentally responsible and use resources efficiently (this last bit courtesy Wikipedia). As per USGBC 833 million square feet of building space in India is using LEED certification rating.
"... These green buildings are designed and constructed as better buildings. The LEED-certified green buildings cost less to operate and reduce energy and water bills by as much as 40 per cent. ..."
"... "LEED's success in India can be attributed to a number of factors, especially the widespread recognition by Indian business leaders and government officials that India’s rapid economic growth must be accompanied by a substantial investment in sustainable infrastructure.” ..."
"... The Indian Green Building Council (IGBC) located in Hyderabad has been instrumental in mobilising the green building movement in India and helping establish LEED as a key driver for market transformation. ..."

Find this at . The article implies that green buildings impact on the Indian economy and its buildings, homes and communities.