This paper provides the first systematic analysis of the choice of green office space by commercial tenants. We analyze the decisions of more than 11,000 tenants to choose office space in green buildings or in otherwise comparable non-green buildings located nearby. We formulate six propositions to explain why specific firms and industries may be more likely to lease green space. We test these ...

Research on climate change suggests that small improvements in the “sustainability” of buildings can have large effects on greenhouse gas emissions and on energy efficiency in the economy. This paper analyzes the economics of “green” building. First, we analyze a panel of office buildings certified by independent rating agencies, finding that large recent increases in the supply of green buildi...

Development which is less attention to the environment, inefficient use of energy as well as the increasingly dense city make space for the concept of green building to grow even more in Indonesia . The purpose of this study was to determine the extent to which the implementation of green building principles in commercial buildings. There are three buildings complexes that were examined in this...

This paper summarizes the results of a large indoor environmental quality survey in office buildings, comparing green with non-green buildings. On average, occupants in green buildings were more satisfied with thermal comfort and air quality in their workspace. However, the average satisfaction scores in green buildings for lighting and acoustic quality were comparable to the non-green average....

This keynote paper highlights the concept and objectives of green buildings. The fundamental features and characters of green buildings are presented. This paper focuses on the two primary issues; (i) the environmental protection and energy conservation and, (ii) the healthy indoor environment providing residential users with a comfortable and safe living. The paper also highlights history of g...

Since the introduction of the Green Mark Scheme in Singapore in January 2005, more than 650 projects have been awarded the Green Mark Award. In fact, from 2008, all new buildings must achieve the mandatory standard of a certified green building. However, the challenge is how to convert the existing stock of buildings in order for them to achieve the green mark standard. This study is motivated ...

Healthier space need not be new space. In fact, some new buildings are extremely unhealthy as chemicals leach out into the air from glues, carpets, concrete and paint. There is no reason this must be the case. The cost to provide healthier environments is modest compared to the benefits. Healthier buildings reduce sick time and increase productivity, making it easier to recruit and retain emplo...

Along with the growing interest in greenhouse gas reduction, the effect of greenhouse gas energy reduction from implementing green buildings is gaining attention. The government of the Republic of Korea has set green growth as its paradigm for national development, and there is a growing interest in energy saving for green buildings. However, green buildings may have financial barriers that hav...

Political jurisdictions in the United States have begun to develop plans that address green buildings, a topic on which the Netherlands has extensive experience. This article analyzes the literature on Dutch green buildings to look for lessons that might be relevant for the development of polices in the United States. Through a metasynthesis of seventeen studies on green building policies in th...