China : The world leader for green building developments

 

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China is making great progress in reducing carbon emissions, with two of its cities beating the likes of Chicago, New York and Washington DC in having the greenest properties.

According to a report from real-estate group CRBE, Shanghai and Beijing are the world’s leading cities for green building developments, with each city containing 20 million square metres of green building space. Southern and Central China also have an abundance of green structures, with Shenzhen and Wuhan making it into CRBE’s top 10 list for green building space.

In China there are 320 million square metres of green space. This is a huge improvement within the nation, as green building development has increased 154 times since 2008. These figures most likely stem from a need to cut down on high levels of carbon emissions.

All of China’s green buildings are safe and secure, receiving certification from either the domestic Green Building Evaluation Standard (GBES) or the Leadership in Energy and Environmental Design (LEED) standard of the US Green Building Council.

These statistics could partly be the result of China’s international partnerships with other nations. Last September, Intelligent Building reported that China had signed a memorandum of understanding with the Canadian embassy in Beijing to kick-start a green-building relationship between the two nations.

Creating all these green buildings has resulted in financial rewards. Much of China’s population prefer living in an environmentally friendly home, allowing cities like Beijing and Shanghai to raise rental premiums and occupancy rates. The CRBE has found that rental prices of LEED-certified green buildings in China may reach 25.7 per cent.
China is already planning for the future, having issued government circulars seeking opinion on making standards for transforming non-green buildings into environmentally conscious ones.

Corporate hotel chains are taking note of China’s strides towards environmental sustainability. Starwood Hotels and Resorts Worldwide has launched its environmentally conscious Element brand in Asia, with features including an indoor saline swimming pool and energy efficient kitchens.

‘‘As Starwood’s eco-innovation lab, the Element brand has redefined the category with its light-filled atmosphere, eco-minded design and commitment to innovation,” commented Brian McGuinness, senior vice president of speciality select brands for Starwood.

Source: Intelligent Building Today

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