06 Jun '14, 3pm

Report: Policies Drive Energy Efficient Building Technology, Services Market in Asia Pacific

While the global recession that began in 2008 slowed the growth of the construction market in Asia Pacific, the region’s buildings sector remains the most dynamic in the world. Since buildings account for a large portion of national energy consumption, most of the governments in the Asia Pacific region have taken steps to promote energy management and energy efficiency in both new construction and existing buildings. According to a recent report from Navigant Research , national governments across the region are driving the energy efficiency market with green building design guidelines, the introduction of new energy efficiency technologies, and funding schemes to assist retrofit projects in commercial buildings. “With about 40 percent of the world’s building stock, Asia Pacific represents a major portion of global real estate,” says Eric Bloom, principal research analyst ...

Full article: http://www.edcmag.com/articles/95674-report-policies-driv...

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