WILL LEED SURVIVE IN ASIA?
Authors: Thilakaratne, Ruffina; Schnabel, Marc Aurel
The premise of this paper is to explore the future of LEED green building rating scheme in Asia. This paper analyses LEED rated projects in countries without an independent national rating system, and countries with established national rating systems, taking into consideration number of registered projects, type of rating schemes pursued and other governing factors. This study primarily focuses on most widely adopted LEED rating tracks, i.e. New Construction (NC) and Existing Buildings Operation and Maintenance (EBOM), Core & Shell (CS), Commercial Interiors (CI). Results concludes a steady presence and progress of LEED rating scheme in Asia recording over 2750 registered LEED projects from 2006-2013. Trend shows an inclination towards NC, EBOM, CS, and CI rating schemes due to competitive reasons; such as mature and inclusive nature that covers a wide range of projects, international reputation, life-time valid rating label and resources that supports smooth certification process. Results also indicate an exponential increase even during the fall in the construction industry during the economic downturn.