SA is now the fastest-growing green building region in the world — no mean feat given that that it joined the global sustainable development movement only in 2007 SIX years ago, terms like off-the-grid and carbon footprint were widely regarded by SA property players as nothing more than buzz words.Back then, most local developers resisted the global move towards sustainable building. The general view was that the additional costs of going green would simply erode investors’ profit margins.How quickly things have changed.According to the latest World Green Building Trends report published by US-based McGraw Hill Construction, SA is now the fastest-growing green building region in the world.The report, which tracks trends in 62 countries, notes that the percentage of SA design, architecture, building and construction firms that are actively involved in green building projects is expected to increase more than threefold between 2012 and 2015, from 16% to 52%.That will place SA ahead of...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.