A clean tech research and consulting firm, peering into the future of green building certification, sees LEED—the U.S. Green Building Council’s Leadership in Energy and Environmental Design program—maintaining its dominance as certification of existing buildings grows dramatically over the next 10 years.
“By 2020, nearly half the total certified footprint—25 billion square feet—will comprise certifications for existing buildings,” Pike Research said in a press release. Some 22 billion square feet of the total 53 billion square feet of floorspace will be covered by LEED, Pike said, despite the presence of a number of competing certification programs.
The Pike press release was its second related to the firm’s for-purchase-only report, “Green Building Certification Programs.” In the earlier release it noted that right now, around 6 billion square feet of building space was covered by green building certification programs. The overwhelming majority of that space is in North America, but Pike foresees big increases in the Asia Pacific region, where incentive programs will spur a tenfold increase to 5 billion square feet by 2015, with the figure rising to 13 billion feet by 2020.